15 AI News Investors Are Paying Attention To

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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. Clara Shih, the former CEO of Salesforce AI, has announced that she will be leading a new Business AI group at Meta. Shih posted on networking platform X that the vision for this new product group was to make cutting-edge AI accessible to every business. Shih added that Meta’s Llama models had over 600 million downloads to date, and Meta AI had more than 500 million monthly actives.

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