Broadcom (AVGO) Enhances VMware Cloud Foundation With AI Services and Data Intelligence Launch

Broadcom Inc. (NASDAQ:AVGO) ranks among the best predictive analytics stocks to buy right now. Broadcom Inc. (NASDAQ:AVGO) announced on August 26 that VMware Private AI Services will be incorporated into VMware Cloud Foundation 9.0 as a standard feature, transforming the platform into an AI-native one. The company announced that 9 of the top 10 Fortune 500 corporations have committed to VCF, with clients worldwide licensing over 100 million cores.

In addition, Broadcom Inc. (NASDAQ:AVGO) announced the launch of VMware Tanzu Data Intelligence, a data lakehouse platform for analytics, applications, and AI development, and revealed VMware Cloud Foundation Advanced Cyber Compliance, a new service intended to improve security for private cloud environments in regulated industries.

Broadcom Inc. (NASDAQ:AVGO) is a multinational semiconductor company specializing in the design, development, and distribution of a wide range of products.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This article is originally published at Insider Monkey.