14 Trending AI Stocks on Latest Ratings and News

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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. After Indian authorities imposed a heavy fine on the company over the collection and sharing of user data with other Meta companies through a WhatsApp policy change in 2021, the tech giant said it disagreed with the order and planned to mount a legal challenge. Hyperscalers like Meta have come under increased governmental scrutiny in recent weeks as concerns mount over their usage of data to train AI models.

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