5 Best AI Software Stocks to Buy According to Hedge Funds

3. ServiceNow, Inc. (NYSE:NOW)

Number of Hedge Fund Holders: 108

ServiceNow, Inc. (NYSE:NOW) is one of the best AI software stocks to buy according to hedge funds. ServiceNow, Inc. (NYSE:NOW) and Inspira Enterprise announced on June 17 a strategic partnership positioning the latter as a trusted delivery partner that brings the full capabilities of the former to enterprises across the globe. Inspira Enterprise is a global cybersecurity and AI services provider.

The company further reported that, building on its commitment to responsible AI innovation, Inspira deployed the ServiceNow AICT as the enterprise-wide governance layer for its AI ecosystem, with the platform offering centralised visibility, oversight, and lifecycle management across all AI assets. These include agentic workflows, AI agents, datasets, models, prompts, and skills, ranging from intake and assessment through monitoring, deployment, and optimization.

ServiceNow, Inc. (NYSE:NOW) further reported that its AICT also provides Inspira’s customers with a proven framework for AI portfolio management, regulatory compliance, risk oversight, and value realization, which allows organizations to scale AI adoption with confidence.

ServiceNow, Inc. (NYSE:NOW) offers an AI platform for business transformation, boosting productivity and maximizing business outcomes. Its intelligent platform, Now Platform, provides end-to-end workflow automation for digital businesses. Now Platform functions as a cloud-based solution embedded with AI and ML.