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META PLATFORMS, INC. (META) PARTNERS WITH VSPARTICLE AND UNIVERSITY OF TORONTO
TO ADVANCE CLEAN ENERGY SOLUTIONS USING AI AND NANOTECH

PUBLISHED ON NOVEMBER 25, 2024 AT 4:20 AM BY USMAN KABIR IN NEWS

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We recently compiled a list of the 15 AI Stocks Making Waves on Wall Street. In
this article, we are going to take a look at where Meta Platforms, Inc.
(NASDAQ:META) stands against the other AI stocks that are making waves on Wall
Street.



Data centers are at the heart of the AI disruption sweeping markets across the
world. However, the massive investment into these data centers has raised
concerns about their impact on the environment. According to a report by news
agency Reuters, the growing demand for electricity from data centers, fueled by
advancements in AI and cloud computing, risks a near-term increase in fossil
fuel reliance. Utility firms across the US, Europe, and Asia are turning to
natural gas and even coal to meet the surging power needs due to the slow pace
of renewable energy expansion, per the news agency. An example of this can be
seen in Northern Virginia, which houses the largest concentration of data
centers globally.



Read more about these developments by accessing 10 Best AI Data Center Stocks
and 10 Buzzing AI Stocks According to Goldman Sachs.




The news agency contends that globally, the scenario is similarly challenging.
Countries like Poland and Germany are partially relying on coal due to
inadequate renewable capacity, with Poland’s energy mix still dominated by over
60% coal as of 2023. In Ireland, where data centers now consume more than 20% of
electricity, operators have postponed plant retirements and leaned on natural
gas for grid stability. In Malaysia, less than 50% of auctioned green power is
being utilized, as companies opt for cheaper fossil fuels. While hyperscalers
have pledged renewable energy use, critics argue that these commitments often
involve diverting clean energy already available to others, thereby not
contributing additional renewable capacity. McKinsey projects that most of
Europe’s data center power by 2030 will come from low-carbon sources, but this
may include natural gas.

Read more about these developments by accessing 30 Most Important AI Stocks
According to BlackRock and Beyond the Tech Giants: 35 Non-Tech AI Opportunities.

For this article, we selected AI stocks by combing through news articles, stock
analysis, and press releases. These stocks are also popular among hedge funds.

Why are we interested in the stocks that hedge funds pile into? The reason is
simple: our research has shown that we can outperform the market by imitating
the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy
selects 14 small-cap and large-cap stocks every quarter and has returned 275%
since May 2014, beating its benchmark by 150 percentage points (see more details
here).

A team of developers working in unison to create the company’s messaging
application.


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. VSParticle, a
nanotech firm based in the Netherlands, recently announced that it would be
partnering with the Fundamental AI Research team at Meta to advance clean energy
solutions. The University of Toronto would also be part of the partnership.
Under the collaboration, the advanced nanoporous layer printing technology of
VSP, the testing platform of the university, and the AI models of Meta would be
used to quickly create and test new materials.



Overall META ranks 3rd on our list of the AI stocks that are making waves on
Wall Street. While we acknowledge the potential of META as an investment, our
conviction lies in the belief that some AI stocks hold greater promise for
delivering higher returns, and doing so within a shorter timeframe. If you are
looking for an AI stock that is more promising than META but that trades at less
than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks
According to BlackRock.

Disclosure: None. This article is originally published at Insider Monkey.

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AI FIRE SALE: INSIDER MONKEY’S #1 AI STOCK PICK IS ON A STEEP DISCOUNT

PUBLISHED ON OCTOBER 30, 2024 AT BY INAN DOGAN, PHD

Artificial intelligence is the greatest investment opportunity of our lifetime.
The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

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This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this
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Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

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This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds
stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional
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The companies that embrace AI will thrive, while the dinosaurs clinging to
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As an investor, you want to be on the side of the winners, and AI is the winning
ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is
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This influx of talent guarantees a constant stream of groundbreaking ideas and
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By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

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This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the
Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised
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That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if
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Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need
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A NEW DAWN IS COMING TO U.S. STOCKS

PUBLISHED ON NOVEMBER 16, 2024 AT BY INSIDER MONKEY STAFF

I work for one of the largest independent financial publishers in the world –
representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind
of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is
50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options
department at a major brokerage firm and is a sought-after expert for CNBC, Fox
Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which
determines whether a stock could shoot sky-high in the next three to six months…
or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the
planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the
billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for
the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…

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