15 AI News Updates Wall Street Is Monitoring

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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. On November 26, French telecom firm Orange announced that it would be partnering with Meta and AI startup OpenAI to build custom AI models that can understand West African languages not understood by most conversational systems. Under the deal, the telecom firm plans to roll out AI models incorporating two West African regional languages, Wolof and Pulaar, in early 2025.

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