Top 9 Latest AI News Updates Investors Shouldn’t Miss

7. ConnectM Technology Solutions Inc. (NASDAQ:CNTM)

Number of Hedge Fund Followers: 3

ConnectM Technology Solutions Inc. (NASDAQ:CNTM) combines energy assets with its AI-powered tech platform, service networks, and strategic collaborations to provide clean energy solutions for residential, light commercial buildings, and all-electric OEMs.

On March 5th, ConnectM Technology Solutions Inc. (NASDAQ:CNTM) announced the expansion of its Building Electrification segment into Europe, the Middle East, and Asia due to growing requirements for sustainable energy solutions. Amid rising energy prices and labor shortages, the company sees a market opportunity to deploy AI-enabled solutions for optimal heating, cooling, and energy distribution.

“Expanding ConnectM’s presence into international markets represents a transformational growth opportunity for the Company. We are well positioned to capitalize on rising demand for energy-efficient solutions and expect our international operations to play a pivotal role in our long-term value creation strategy.”

-said Bhaskar Panigrahi, Chairman and CEO of ConnectM Technology Solutions Inc.