14 AI News That Broke The Internet This Week

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

Number of Hedge Fund Holders: 235

Meta Platforms, Inc. (NASDAQ:META) engages in the development of products that enable people to connect and share with friends and family. Arun Srinivas, a senior figure of the ad team of the tech giant in India, recently gave an interview to news platform Business Standard. In the interview, Srinivas revealed that AI-powered personalization was giving brands more visibility on Meta, noting that more than 50% of content on platforms like Instagram was now recommended by AI algorithms.

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