Home Sports Fortinet (FTNT) Price Target Raised by Mizuho: Navigating AI Trends and Future Security Needs

Fortinet (FTNT) Price Target Raised by Mizuho: Navigating AI Trends and Future Security Needs

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Fortinet (FTNT) Price Target Raised by Mizuho: Navigating AI Trends and Future Security Needs

We recently published a list of 13 news about AI that revolutionized the Internet. In this article, we will analyze where Fortinet, Inc. (NASDAQ:FTNT) stands against other AI news that has revolutionized the Internet.

As artificial intelligence continues to evolve, a new generation of AI systems is emerging. The new systems go beyond answering questions to completing tasks and solving problems autonomously. These “agent” AI systems are set to revolutionize industries, from healthcare to finance, by taking on complex goals and boosting productivity in ways we have not yet fully experienced.

Matt Wood, global director of innovation and business technology at PwC, analyzed this evolution of AI in CNBC’s ‘Squawk on the Street’. It highlighted the transition from basic question answering systems to more advanced agent systems capable of completing tasks on behalf of users. These systems will be able to respond to objectives such as booking flights or managing investments by creating and completing task lists autonomously.

He predicts that within the next 12 months, agent AI will become more integrated into everyday life, similar to how apps improve the functionality of smartphones. Wood also noted that AI is being rapidly adopted in regulated industries such as finance, healthcare and manufacturing due to existing investments in data governance, which provide a strong foundation for leveraging generative AI.

READ ALSO: Top 15 AI Stock News and Ratings Dominating Wall Street and Jim Cramer analyzed 18 companies that will reach $100 billion in market capitalization by 2024.

According to a December 13 Bloomberg report, companies like OpenAI, Salesforce, and McKinsey are already deploying agents to improve efficiency and reduce the need for human intervention in routine tasks. Agents can take on roles such as personal assistants, collaborative coworkers, and supervisors, allowing employees to focus on higher-value work.

Although agents will not completely replace jobs, AI agents are expected to transform work environments, create new roles and foster greater productivity, especially in sectors with complex and regulated processes. Widespread adoption of these agents could lead to changes in staffing models and workplace dynamics by 2025, with companies using fewer but more skilled workers.

For this article, we select AI stocks by reviewing news articles, stock analysis, and press releases. We list stocks in ascending order based on their hedge fund sentiment taken from Insider Monkey’s database of 900 hedge funds.

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