10 AI News Stories That Are Dominating Headlines

4. CEVA, Inc. (NASDAQ:CEVA)

Number of Hedge Fund Holders: 17

CEVA, Inc. (NASDAQ:CEVA) provides silicon and software solutions for semiconductor and OEM companies globally. On February 11, the company announced that ListenAI Technology has licensed the Ceva-Waves Wi-Fi 6 IP to enhance its portfolio of Edge AI processors. ListenAI Technology is a leader in intelligent terminal system-on-chip (SoC) solutions, with its processors targeting a wide range of applications that use audio, voice, and vision. The partnership aims to address the need for cutting-edge wireless solutions and seamless connectivity. By adopting Ceva-Waves Wi-Fi 6 IP for its new Wi-Fi 6 SoC, ListenAI will ensure that devices can meet performance, reliability, and power efficiency demands. The partnership will enable the company to expand its product offerings, integrating robust wireless capabilities with advanced AI-driven features.

“We believe that robust and efficient wireless connectivity is essential for the performance of edge AI devices. Our Wi-Fi 6 IP enables ListenAI’s edge AI portfolio to seamlessly connect, process, and respond in real time, empowering smarter interactions and delivering the reliability, speed, and efficiency demand from intelligent devices.”

-Tal Shalev, vice president and general manager of the wireless IoT business unit at Ceva.