15 AI News Updates Worthy of 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. Hyperscalers like Meta have come under increased scrutiny in recent months over their use of data to train AI models. Regulators are tightening their policies around the usage of data on social media platforms. Latest reports suggest that the competition regulator in India has imposed a fine of more than $25 million on the social media giant over the collection and sharing of user data with other Meta companies through a WhatsApp policy change in 2021.

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