5 Best Artificial Intelligence (AI) Stocks To Buy According to Hedge Funds

  1. Meta Platforms (Nasdaq:META)

Number of Hedge Fund Investors In Q2 2023: 230

Meta Platforms, Inc. (Nasdaq:META) has revolutionized technological advancements by offering advanced products and services with continuous improvement and product development. Meta Platforms, Inc. (Nasdaq:META) is creating a highly advanced and best artificial intelligence (AI) tool than its current Llama 2 and expects to roll it out in 2024, The Wall Street Journal reported. Meta Platforms, Inc. (Nasdaq:META) Llama 2 model competes against the likes of OpenAI’s ChatGPT and Alphabet (Nasdaq:GOOG, GOOGL) Google’s Bard.

Insider Monkey took a look at hedge fund portfolios for their second quarter of 2023 investments and found out that 230 had a stake in the company. Citadel Investment was the firm’s largest shareholder which owns roughly 19.5 million shares for about $5.6 billion of Meta Platforms, Inc. (Nasdaq:META).