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Is Meta Platforms (META) Philippe Laffont’s Top Pick?

Accounting for 7.27% share ($2.96 billion) in the billionaire’s portfolio, Meta Platforms, Inc. (NASDAQ:META) ranks as Philippe Laffont’s top stock pick. We recently published a list of youngest hedge fund billionaires and their top stock picks.

TheFly reported on February 10, 2026, that Meta Platforms, Inc. (NASDAQ:META) is working on an internal prototype for a stand-alone application called “Instants,” which is designed to send disappearing photos, according to Business Insider.

Reverse-engineering expert and mobile developer Alessandro Paluzzi’s screenshots of the project showed Meta’s ongoing efforts to experiment with fleeting, camera-first social experiences outside of Instagram. Investors view Instants as a reflection of Meta’s approach to developing lightweight, engagement-driven products that could become stand-alone growth engines or be reintegrated into its Family of Apps, thereby helping protect user attention from competitors such as Snapchat while increasing content creation and sharing frequency.

Photo by austin-distel on Unsplash

This product innovation coincides with Meta Platforms, Inc. (NASDAQ:META)’s ongoing efforts to tackle European regulatory challenges.

On February 10, 2026, Reuters revealed that the EU’s top court had extended a five-year legal battle by sending WhatsApp’s challenge to a $268 million GDPR fine back to a lower tribunal. The decision provides Meta procedural relief and may have an impact on the course of more general EU privacy enforcement cases, even though it does not completely remove possible penalties.

Meta Platforms, Inc. (NASDAQ:META) develops social media and communication applications, including Facebook, Instagram, and WhatsApp. The company generates revenue primarily from advertising and investing in emerging technologies through its Reality Labs division.

While we acknowledge the potential of META to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than META and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: What Are the Best Stocks to Buy Right Now? and 10 Stocks Under $1 That Will Explode.

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

This prediction might not be bold at all:

A few years from now, you’ll wish you’d owned this stock.

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