Top 10 AI News You Shouldn’t Miss

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

Number of Hedge Fund Investors: 235

Dan Niles, Niles Investment Management founder, said in a latest program on CNBC that DeepSeek breakthrough will help improvements in Meta Platforms (NASDAQ:META)’s Llama and called the model the “best” in the industry.

“By the way, all of the innovations—remember, Deep Seek is open source—so all the innovations they have there, Facebook, you’re going to see it in the Llama models, which, by the way, before Deep Seek came out, was the best open-source model out there.”

Rowan Street Capital stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its Q4 2024 investor letter:

“Meta Platforms, Inc. (NASDAQ:META): Investment Initiated: April 2018: Internal Rate of Return (IRR*): 22% *IRR represents the annualized rate of return on an investment, accounting for the timing and magnitude of cash flows over the holding period.

For META, our 22% IRR aligns closely with the company’s compounded growth in earnings per share (EPS) and free cash flow per share during the 6 years holding period.

Looking ahead, Meta is expected to grow its revenues, earnings, and free cash flow per share at mid-teens rates over the next two years. There’s a good possibility that it could exceed these estimates, considering the breadth of growth initiatives currently in place, such as advancements in Al, monetization of Reels, expansion into business messaging, and the ongoing development of the metaverse…” (Click here to read the full text)