Reported 2 days ago
Clarivate PLC (NYSE:CLVT), recognized as a promising AI stock under $5, is transitioning towards increased subscription revenue driven by artificial intelligence. At the Goldman Sachs Communicopia + Technology Conference, the company stated its goal to boost subscription revenue from 88% to 90% by phasing out transactional sales in A&G and Life Sciences by 2026. CEO Matti Shem emphasized the introduction of subscription-based products and the integration of AI agents into existing platforms to streamline complex tasks for researchers.
Source: YAHOO