15 AI News Updates That Investors Are Watching

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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 27, Yann LeCun, the chief AI scientist at Meta, appeared on the People by WTF podcast. During his interview, LeCun made headlines by proclaiming that AGI – Artificial General Intelligence – was achievable in a 10-year timeframe. AGI refers to the hypothetical intelligence of a machine that possesses the ability to understand or learn any intellectual task that a human being can. LeCun has generally been skeptical of the progress AI firms are making with LLMs, once comparing the intelligence of the present LLMs to that of a cat.

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