15 AI News and Ratings Grabbing Investor Attention

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

Market Capitalization: $1.5 Trillion

Meta Platforms, Inc. (NASDAQ:META) engages in the development of products that enable people to connect and share with friends and family. On November 12, financial news website Barron’s reported that activist hedge fund ValueAct Capital had taken a $1 billion position in the tech giant. According to the report, the position was a validation of the artificial intelligence strategy of the company. Meta Platforms has integrated AI into tools it offers to customers seeking to place advertisements on social media platforms owned by the company. These have helped the firm overtake rival Alphabet in digital ad growth over the past year.

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