12 AI Stocks Poised for Massive Growth

2. Meta Platforms, Inc. (NASDAQ:META)

Number of Hedge Fund Investors: 235

Meta Platforms, Inc. (NASDAQ:META) is a global technology company. On March 12, Reuters reported that France’s leading publishing and authors’ associations have filed a lawsuit against U.S. tech giant Meta. The lawsuit alleges that Meta has used their copyright-protected content on a massive scale without authorization to train its artificial intelligence (AI) systems. The National Publishing Union (SNE), the leading professional publishing association, the National Union of Authors and Composers (SNAC) and the Society of Men of Letters (SGDL), said that they have filed a complaint against Meta earlier this week in a Paris court for alleged copyright infringement and economic “parasitism”.

“It’s a bit of a David versus Goliath battle. It’s a procedure that serves as an example.”

-SNE Director General Renaud Lefebvre.