We recently published a list of 15 AI News Updates Investors Should Not Miss. In this article, we are going to take a look at where Digital Realty Trust, Inc. (NYSE:DLR) stands against other AI news updates investors should not miss.

A latest report into the adoption of AI in the United Kingdom has revealed that even though a lot of companies are using AI, only a few have integrated the new technology into their manufacturing processes. The study, called The Future Factories was carried out earlier this year in collaboration with design software giant Autodesk. The report warns that the lack of confidence in digital technologies and AI means companies in the UK are at risk of missing out on innovation and productivity gains. It also proposes how government initiatives and regulation can support the adoption of new technologies.

Read more about these developments by accessing 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs.

The report further highlights that manufacturers were mostly using AI to manage their energy usage and reduce waste. It added that some of the manufacturing sectors in which AI was being used were predictive maintenance and supply chain optimization. Per a survey cited in the study, the biggest benefits manufacturers cited were increased efficiency, improved productivity, and automation of routine tasks. The research highlights that the benefits show the importance of lowering the barrier to entry for these technologies and the untapped potential in this field for small manufacturers.

READ ALSO: 30 Most Important AI Stocks According to BlackRock and Beyond the Tech Giants: 35 Non-Tech AI Opportunities.

For this article, we selected AI stocks by combing through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

A close-up view of a technician installing a server in the data center facility, representing the reliable services provided by the company.

Digital Realty Trust, Inc. (NYSE:DLR)

Number of Hedge Fund Holders: 52      

Digital Realty Trust, Inc. (NYSE:DLR) brings companies and data together by delivering the full spectrum of data center, colocation, and interconnection solutions. On November 25,  DataBox, a Croatian telecom and IT services provider, announced that it had acquired the local cloud business of Digital Realty. DataBox aims to strengthen its position as a cloud services provider in the region through the purchase. Earlier this year, Digital Realty Trust had announced the expansion of an existing data centre in Zagreb, ZAG1, with the addition of 1,600 square meters of ICT and technical space.