Top 9 Trending AI News Investors Probably Missed

2. Motorola Solutions, Inc. (NYSE:MSI)

Number of Hedge Fund Holders: 57

Motorola Solutions, Inc. (NYSE:MSI) is a communication equipment company that provides public safety and enterprise security solutions. It offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems. On March 6, the company confirmed the acquisition of Theatro Labs, strengthening its prospects around artificial intelligence.

Theatro Labs is a Texas-based company specializing in artificial intelligence and voice-powered communication software for frontline workers. The acquisition should strengthen Motorola Solutions, Inc.’s (NYSE:MSI) portfolio of enterprise security technologies. Motorola Solutions intends to incorporate Theatro’s processes into its current technologies, such as radios, body cams, fixed video, and panic buttons. By expanding into the hospitality, healthcare, manufacturing, and educational sectors, this integration seeks to develop new value-added services and security applications.