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Progress Software Expands AI Coding Assistants Across Telerik, Kendo UI Developer Toolsets

Progress Software Corporation (NASDAQ:PRGS) is one of the oversold tech stocks to invest in. On September 18, Progress Software Corporation announced a major expansion of its AI-powered developer capabilities in the Q3 2025 release of its leading developer toolsets, Progress Telerik and Progress Kendo UI. The company’s specialized AI Coding Assistants have now been extended across all major UI component libraries, reporting, and styling tools.

The expansion provides deep context to popular AI-powered Integrated Development Environments/IDEs and helps developers automate more and deliver faster. The extended availability of the Telerik and Kendo UI AI Coding Assistants now supports major UI component libraries, including ASP.NET Core, WPF, WinForms, .NET MAUI, and Angular. For the first time, this technology is also being applied to Telerik Reporting and Progress Document Processing.

These specialized assistants integrate deeply into existing IDE workflows, working inside popular solutions like GitHub Copilot, Claude Code, and Cursor. Their primary function is to deliver highly specialized, context-aware code that understands the intricacies of the Telerik and Kendo UI components, thereby promoting faster delivery without compromising quality.

Progress Software Corporation (NASDAQ:PRGS) develops, deploys, and manages AI-powered applications and digital experiences in the US and internationally.

While we acknowledge the potential of PRGS 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 PRGS and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

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  • 140 Metas
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  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
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