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Axon’s AI Surge Amid Tech Turbulence | Business and Finance News
Description
AI stocks are booming—semiconductor ETFs doubled this year—but AI software firms are taking a hit. Meanwhile, Axon Enterprise, the TASER company, is quietly thriving: revenue up 34% Q1, AI revenue soaring 700% YoY, with AI tools automating police reports, answering policy questions, and translating in real time. Plus, drones and a big ICE contract on the horizon. Trump’s recent stake purchase sent shares surging—yes, it’s pricey, but this AI-powered law enforcement tech giant is building a future that’s both profitable and powerful.
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