Top 9 AI Stocks Making Waves Today

4. Akamai Technologies Inc. (NASDAQ:AKAM)

Number of Hedge Fund Holders: 37

Akamai Technologies Inc. (NASDAQ:AKAM) is a technology company providing cloud computing, security, and content delivery services, helping businesses build, deliver, and secure digital experiences. On March 27, the company unveiled Akamai Cloud Inference, affirming a push for opportunities in the artificial intelligence deployment landscape.

The new cloud offering is designed to make it easier for organizations to turn predictive and large language models into real-world actions. Akamai Cloud Inference offers 3X better throughput, 60% less latency and 86% cost savings, therefore delivering improvements in AI inference performance. The solution leverages 4,200 points of presence across 1200 networks to present AI inference closer to end users and data sources. Akamai Technologies Inc. (NASDAQ:AKAM) is aiming for the bigger, more sustainable part of the AI value chain, where ongoing use creates steady revenue streams, by concentrating on the operational phase of AI rather than training.