Top 9 Trending AI News Investors Probably Missed

6. Planet Labs Pbc (NYSE:PL)

Number of Hedge Fund Holders: 19

Planet Labs Pbc (NYSE:PL) is a provider of satellite imagery and geospatial solutions. The company designs, builds, and operates the earth observation fleet of imaging satellites. It also leverages artificial intelligence to analyze troves of satellite imagery to enable the creation of actionable insights for a wide range of applications. On March 6, the company announced a strategic partnership with AI startup Anthropic.

The partnership paves the way for Planet Labs Pbc (NYSE:PL) to leverage Anthropic’s Claude solution to enhance how people understand and analyze satellite imagery data. The ultimate goal is to transform how satellite data is processed and understood, enabling near real-time pattern recognition and anomaly detection at a global scale. The integration could benefit various sectors, from government surveillance and agricultural optimization to firefighting and conservation efforts.

“Anthropic’s advanced AI capabilities have the potential to rapidly change how analysts fundamentally use and understand satellite data. By using Claude on our satellite imagery, we take a significant step towards making it easier to extract value from satellite data. From governments who can scan large areas for new threats to a small holder farmer trying to improve crop yields, from firefighters in California to conservation NGOs in the Congo, this can help users get value from our data faster,” said Planet CEO and co-founder Will Marshall.