AI integration puts spotlight on ASX growth stocks: Xero and NextDC

AI integration puts spotlight on ASX growth stocks: Xero and NextDC

By Juliette Saly
Publication Date: 2026-04-01 04:31:00

AI integration

Artificial intelligence (AI) is transforming industries across the global economy at a rapid pace. From cloud computing and healthcare to data infrastructure and enterprise software, companies are increasingly investing in AI-driven tools and digital platforms to increase productivity and unlock new capabilities.

A number of ASX-listed growth companies are well positioned to benefit from this disruption.

Model mania

Xero (ASX:XRO)

One ASX-listed share to keep an eye on is Xero.

The accounting software provider has partnered with Anthropic to embed the Claude AI model directly into its platform. The multi-year agreement will support JAX (Just Ask Xero), an AI assistant that delivers real-time financial insights, automates cash flow tracking, streamlines invoice management and supports payroll tasks.

Xero daily candlestick chart