Jones Lang LaSalle Incorporated (JLL) Partners with Slate Asset Management to Enhance AI-Powered Real Estate Solutions

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We recently published a list of 14 Trending AI Stocks on Latest Ratings and News. In this article, we are going to take a look at where Jones Lang LaSalle Incorporated (NYSE:JLL) stands against other trending AI stocks on latest ratings and news.

AI startups have raised hundreds of millions through funding rounds this year and fetched valuations in the billions. Most of these startups are software companies working on expanding AI use cases. In the midst of this AI boom, BrightAI, an AI startup that focuses on the physical aspect of the AI business, is now making waves on Wall Street. Founded by Alex Hawkinson, an entrepreneur and investor with a proven track record in the tech world, the company offers an end-to-end tech platform that uses sensors to help companies monitor physical assets. These sensors send data to an AI algorithm that processes it and can help predict potential issues before they arise.

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

Tech news website TechCrunch reports that the startup first launched this product in 2023. Since then, the firm has managed to attract seven large enterprise customers across six verticals, including HVAC, waste management, and power. It has deployed more than 250,000 sensors and has reached $80 million in revenue. These figures are impressive since the startup managed to do this without raising any outside capital. However, the firm is now looking to expand and recently raised more than $15 million in a funding round led exclusively by Los Angeles-based Upfront Ventures.

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).

Jones Lang LaSalle Incorporated (JLL) Partners with Slate Asset Management to Enhance AI-Powered Real Estate Solutions
Jones Lang LaSalle Incorporated (JLL) Partners with Slate Asset Management to Enhance AI-Powered Real Estate Solutions

A real estate broker discussing options with a customer using digital maps and virtual reality.

Jones Lang LaSalle Incorporated (NYSE:JLL)

Number of Hedge Fund Holders: 31  

Jones Lang LaSalle Incorporated (NYSE:JLL) operates as a commercial real estate and investment management company. The company leases space to tech firms as they develop AI data centers. The company recently announced that it had entered into a joint venture with investment firm Slate Asset Management. The JV aims to commercialize Slate’s technology platform for commercial real estate professionals in the JLL Asset Beacon brand. The firm said that generative AI capabilities, powered by the recently launched JLL Falcon platform, such as lease abstraction, entity resolution, and natural language query functionality, will be integrated into JLL Asset Beacon.

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