Investors continue to pour back into Big Tech stocks after the US government announced temporary tariff relief. For many, this is a signal that the technology sector may not suffer much, and further relief could follow. This is moving the major tech stocks and, with it, the index. The S&P and Nasdaq indices are both up over 4% in the last five trading sessions.
Apart from the tariff developments, some companies are moving based on company-specific news as tech players continue to race ahead in the race for AI supremacy. Some of these companies are surging considerably and still have ample room to go, so you need to look at these developments before the market prices them in.
To come up with our list of top 5 AI news you may have missed, we carefully considered the recent news reports and press releases while ordering the list based on hedge fund sentiment.
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5. ARB IOT Group Limited (NASDAQ:ARBB)
Number of Hedge Fund Holders: 2
ARB IOT is a little-known company from Malaysia that provides Internet of Things (IoT) and AI services. The company’s stock was up over 22% yesterday, but is already up 30% today as investors absorb the news of a new contract just secured by the company.
ARBB’s wholly owned subsidiary, ARB R1 Technology Sdn Bhd, has signed an agreement with the Whizzi Group to supply AI servers. The deal is expected to be worth $53 million, an amount that is considerably higher than the company’s current market cap of $14 million.
The servers included in this deal are the ARB-222 AI servers that are critical to modern-day data centers, powering data-intensive operations demanded by various industries. This sizeable deal will go a long way in helping the company strengthen its foothold in the industry and expand at a faster rate than previously thought.
Just last month, the company also secured a deal for the same AI servers, worth well over $45 million. ARBB continues to be an attractive option for penny stock investors as the stock closed at a lower price than it was trading just one month ago, suggesting there may still be considerable upside.
4. Skillsoft Corp. (NYSE:SKIL)
Number of Hedge Fund Holders: 11
Skillsoft Corp. offers a global platform for instructor-led training services. The company has two main segments: Instructor-Led Training and Content & Platform. It is known for the Percipio platform, which is an AI-powered learning platform that delivers learning through SaaS solutions. The firm has just announced its earnings report, and its AI initiatives are starting to gain investor attention.
According to the management, SKIL is set for growth in 2026 after successfully implementing its transformation strategy. The firm’s CAISY AI-powered coach is already gaining traction with over 1 million launches so far. SKIL is now integrating it with customer feedback and planning a rollout in the latter half of this fiscal year.
Similar measures have been taken at the integration level, allowing integration with platforms like Oracle, Docebo, and SAP Talent Intelligence Hub. This is also expanding SKIL’s ecosystem, which would eventually help it down the road.
FY2026 revenue is expected to come in between $530 million and $545 million. This is welcome news for investors as the YoY decline in Q4 revenue had some worried about the company’s topline. Free Cash Flow has nearly doubled in a year to $13.2 million, and the management is confident it will land somewhere between $13 million and $18 million in FY2026.
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