Top 10 AI Trending News on Wall Street

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1. ServiceNow, Inc. (NYSE:NOW)

Number of Hedge Fund Holders: 110

ServiceNow, Inc. (NYSE:NOW) is a technology company that offers a cloud-based software platform for automating business workflows within an enterprise. It also provides artificial intelligence solutions that help with human resource and customer service management. On March 3, it unveiled AI agents for the telecom industry, affirming its evolution from workflow automation to intelligent orchestration.

Built with NVIDIA AI Enterprise software, the AI agents are designed to drive productivity across the entire service lifecycle in the telecommunication industry. The AI agents will be employed by communications service providers (CSPs) to solve some of the most prevalent, time-consuming customer service and network operations workflows on their own.

“The launch of new AI agents developed specifically for the telecom industry demonstrates our continued commitment to building solutions that help solve the biggest challenges facing business leaders. ServiceNow has been at the forefront of AI innovation for years, and this collaboration with NVIDIA marks the next step in delivering agentic AI-powered automation that transforms how CSPs operate and serve their customers,” said Rohit Batra, general manager and vice president for manufacturing, telecommunications, media, and technology at ServiceNow.

While we acknowledge the potential of ServiceNow, Inc. (NYSE:NOW) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NOW but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap.

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

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