Is Meta (META) Still One of Billionaire Dan Loeb’s Best Growth Stocks to Buy While It Holds Out on Trump’s AI Review?
Meta Platforms, Inc. (NASDAQ:META) is one of the best growth stocks to buy according to billionaire Dan Loeb
On June 23, the New York Times reported that the Trump administration has been pressing Meta Platforms, Inc. (NASDAQ:META) to voluntarily submit its AI models for government security reviews. This makes Meta the only major US AI company that has yet to agree to the process, the Times noted. Image by Gerd Altmann from Pixabay The Times noted that the review framework itself was formalized on June 2, when President Trump signed an executive order establishing a voluntary system under which AI developers submit their most powerful frontier AI models to the federal government for up to 30 days of evaluation before public release.
The Center for AI Standards and Innovation (CAISI) runs the reviews, with input from the NSA, CISA, and NIST. The full review process is expected to be operational by the end of July. According to the Times report, every other major U.S.