Fiserv (FISV) Announces a Strategic Collaboration with Microsoft

Fiserv, Inc. (NASDAQ:FISV) is one of the Oversold Fundamentally Strong Stocks to Buy Right Now. On January 6, the company announced a strategic collaboration with Microsoft to ramp up innovation by further embedding AI into Fiserv development platforms as well as empowering the global workforce with AI. Fiserv, Inc. (NASDAQ:FISV) added that the collaboration is expected to boost internal productivity at the company and deliver AI-driven solutions, which create greater value for Fiserv clients, such as financial institutions, businesses, and consumers.

Fiserv (FISV) Announces a Strategic Collaboration with Microsoft

Fiserv, Inc. (NASDAQ:FISV) will deploy Microsoft 365 Copilot throughout its global workforce, enabling employees with access to advanced AI tools, which improve productivity, accelerate decision-making, as well as elevate the work quality.

In parallel, Fiserv, Inc. (NASDAQ:FISV) has been working with Microsoft to increase the use of Microsoft Foundry, which is an Azure-powered AI platform designed to build, customize, deploy, and manage AI applications. The collaboration with Microsoft allows Fiserv, Inc. (NASDAQ:FISV) to bring intelligent capabilities to market.

Fiserv, Inc. (NASDAQ:FISV) works as a global leader in payments and financial technology.

While we acknowledge the potential of FISV to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FISV and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

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