Top 10 Trending AI News Updates That Investors Likely Missed

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1. PagerDuty Inc. (NYSE:PD)

Number of Hedge Fund Holders: 32

PagerDuty Inc. (NYSE:PD) offers digital operations management tools via the PagerDuty Operations Cloud platform to help clients improve operational efficiency at scale. The cloud suite combines AIOps, automation, customer service operations, and incident management solutions assisted by a GenAI assistant designed to boost innovation velocity and revenue while lowering overheads and mitigating operational failure risks.

On February 25th, PagerDuty Inc. (NYSE:PD) announced its plans to add new agentic AI functionality, focused on site reliability engineering, operational insights, and scheduling optimization across its cloud platform. This will enable enterprises to reduce operating costs through automation, mitigate risks with autonomous incident responses, and ramp revenue by facilitating seamless customer experiences.

“Operations leaders have high expectations for the business value of AI and automation. With the AI-powered PagerDuty Operations Cloud, teams can make smarter decisions, resolve critical issues faster and focus on top-level business priorities. We are excited to bring PagerDuty AI agents to market that will enable operations teams to gain time and efficiency, enabling them to focus on increasing revenues and improving customer satisfaction, while reducing operating costs.”

-said Jeffrey Hausman, chief product development officer at PagerDuty Inc.

While we acknowledge the potential of PagerDuty Inc. (NYSE:PD) 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 PD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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

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