Juniper, a California-based networking company (JNPR), recently increased its AI-driven network. Its strong dividend history is a great investment for those looking to generate steady income. However, considering its relatively high beta, is the stock a good addition to one’s portfolio now? Read on, let’s discuss.Headquartered in Sunnyvale, California, Juniper Networks, Inc. (NYSE:) designs, develops, and sells network products and services worldwide. It offers high-bandwidth routing products like the ACX series universal acces routers. Shares of JNPR have gained 50.2% in price over the past year and 42.3% year-to-date to close yesterday’s trading session at $32.03, near its 52-week high of $32.58. The stock currently trades above its 200-day and 50-day moving averages.

This high-tech company has extended AI-driven support for its entire portfolio. JNPR has announced that it now offers a comprehensive support service using artificial intelligence. Juniper Global Services’ Derrell James explained that Juniper provides service providers and enterprises with a higher level of visibility and more actionable information. This makes it possible to improve the performance of their networks. Two new access points at 6 GHz were also introduced by Juniper Global Services. They use Mist AI to optimize Wi-Fi performance, capacity, and simplify IT operations. JNPR will also introduce an IoT Assurance service, which streamlines and speeds up the process of IoT device onboarding without Network Access Control. These new additions to JNPR’s wireless access portfolio should strengthen the company’s experience-first networking approach.

Due to the increasing demand for networking solutions and the growing popularity of remote working, Wi-Fi’s performance enhancements and IoT solutions will help it maintain its position as a leader in AI-driven network domain.

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