12 Trending AI Stocks on Latest News and Ratings

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2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based technology company. Latest reports indicate that Elon Musk, the billionaire founder of AI startup xAI, has filed for a preliminary injunction against Microsoft-backed OpenAI to prevent the latter from engaging in anticompetitive behavior. The injunction also calls for the prevention of any further attempts by OpenAI to convert to a for-profit enterprise. The filing claimed that OpenAI, with Microsoft, has seized control of nearly 70% of the market for generative artificial intelligence products.

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