Top 10 AI News Updates Taking Wall Street By Storm

6. NICE Ltd. (NASDAQ:NICE)

Number of Hedge Fund Holders: 28

NICE Ltd. (NASDAQ:NICE) is a technology company that provides cloud platforms for AI-driven digital business solutions. It offers CXone, a cloud-native open platform, and enlightens an AI engine for the customer engagement market. The company received a significant boost on March 13 as Prince George’s County in Maryland selected one of its AI-powered solutions, NICE Justice, to enhance its prosecutorial effectiveness.

Nice Justice is to help transform how state attorneys and office staff receive, interact, manage and share digital evidence. The solution features built-in AI and automation capabilities for object detection, automated case building, audio transcription, and automation capabilities. The agreement with Prince George’s County confirms NICE’s AI-powered evidence management technology and marks a strategic expansion for the organization in the judicial sector.

Executive Vice President NICE, Chris Wooten, commented, “Achieving justice for victim’s hinges on uncovering the truth. However, finding that truth can be elusive without a centralized location to gather and assemble complete digital evidence. Our AI-powered NICE Justice optimizes digital evidence management by incorporating AI, analytics, and workflow automation. This platform provides attorneys with a single, secure, and efficient place to manage, locate, connect, and share digital evidence to uncover the truth and prosecute cases effectively.”