Top 9 Trending AI News Investors Probably Missed

3. Samsara Inc. (NYSE:IOT)

Number of Hedge Fund Holders: 40

Samsara Inc. (NYSE:IOT) is a software infrastructure company that offers solutions that connect physical operations data to its connected operations cloud. It also uses AI to enhance its platform, offering features like AI Dash Cams for video-based safety, AI-powered vehicle telematics, and AI-driven insights to improve fleet management. On March 6, the company delivered impressive results for its fiscal 2025, characterized by a 33% increase in annual recurring revenue to $1.46 billion in its fourth quarter.

Samsara Inc. (NYSE:IOT) also added 14 new customers with $1M plus in annual recurring revenue and a quarterly record of 203 customers with $100K+ ARR. Samsara’s data set grew significantly in FY25 due to its increased customer base and multi-product adoption. More than 14T data points were processed, representing more than 50% YoY growth and more than 120B API calls, representing more than 50% YoY growth.

“Our customers partner with us because we provide actionable insights that help them operate smarter,” said Sanjit Biswas, CEO and Co-Founder at Samsara. “Samsara is building one of the world’s largest operational data sets and combining it with AI will transform our customers’ operations in the next decade.”