5 Best AI Stocks to Buy for 2026 According to Billionaire David Tepper

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

Number of Hedge Fund Holders: 256

Appaloosa Management Equity Stake: $396.05 Million

Meta Platforms Inc. (NASDAQ:META) is one of the best AI stocks to buy for 2026, according to billionaire David Tepper. On May 8, the New York Times reported that Meta Platforms Inc. (NASDAQ:META) is increasingly pushing its 78,000 workers to use artificial intelligence as it also prepares to lay off some of them.

The company has reportedly told its US employees it plans to make changes that would affect tens of thousands of them. As part of the initiative, Meta Platforms has already started tracking what employees type on their computers, how they move their mice, what they click, and what they see on their screens. The idea is to track employees’ data so that AI models can learn how people complete everyday tasks.

Meta’s Chief Executive Officer, Mark Zuckerberg, has reiterated that Meta’s future lies in artificial intelligence. The company has already begun cutting jobs to offset its AI spending, with plans to slash 10% of its workforce. Amid the proposed layoffs, some staff no longer view Meta Platforms as a place for a longer career.

Meta Platforms, Inc. (NASDAQ:META) has transitioned into a major AI-driven company, integrating artificial intelligence across its social media apps, advertising systems, and hardware devices while developing open-source AI models. The company is focused on building agentic AI, improving content recommendations, and advancing its open-source Llama model.