10 AI Stocks Getting Wall Street’s Attention Right Now

6. Datadog, Inc. (NASDAQ:DDOG)

Number of Hedge Fund Holders: 83

Datadog, Inc. (NASDAQ:DDOG) offers a cloud-based SaaS platform for monitoring and analytics, specializing in cloud computing and AI-powered cybersecurity products. On May 5, the company announced that it had acquired Eppo, a feature flagging and experimentation platform, to enhance its existing Product Analytics suite. The acquisition will enable Datadog to create a full end-to-end product analytics solution on one platform with the unified approach allowing engineers to track code changes with feature flags, data science leaders and product managers to help design and measure impact with experiments, and business analysts to use Datadog’s Product Analytics suite to understand overall product usage and business outcomes. With the AI workload growing, Eppo’s experimentation capabilities will help developers safely scale complex systems and accelerate the safe roll-out of changes.

“The use of multiple AI models increases the complexity of deploying applications in production. This complexity makes it difficult for developers to quantify the business impact of different models, agent behaviors, prompts or UI changes. Experimentation solves this correlation and measurement problem, enabling teams to compare multiple models side-by-side, determine user engagement against cost tradeoffs and ultimately build AI products that deliver measurable value.”

-Michael Whetten, VP of Product at Datadog.