Top 9 AI News Investors Should Not Miss

6. Juniper Networks, Inc. (NYSE:JNPR)

Number of Hedge Fund Holders: 56

Juniper Networks, Inc. (NYSE:JNPR) is a technology company that develops and sells a range of networking products, including routers, switches and software-defined networking solutions. On February 26, the company unveiled a new solution purpose-built for neocloud, traditional SPs and other AI cloud providers.

The AI-powered solution targets cloud providers who are deploying and managing GPUaaS (GPU-as-a-Service) and AIaaS (AI-as-a-Service) offerings. It seeks to address issues related to GPU shortages, rising energy costs and complexity of AI infrastructure management. The solution should strengthen Juniper’s prospects in the multibillion-dollar market segment amid AI adoption in various industries. With the IDC projecting the AI infrastructure market to reach $151 billion by 2027, there are tremendous opportunities for Juniper Networks, Inc. (NYSE:JNPR) to unlock.