4. Meta Platforms, Inc. (NASDAQ:META)
EPS Growth Next 5 years: 19.39%
Number of Billionaires: 54
Value of Holdings: $33.41 billion
Number of Hedge Fund Holders: 256
Meta Platforms, Inc. (NASDAQ:META) is one of the Best Stocks to Invest in For 5 Years According to Billionaires. On May 13, Reuters reported that Meta Platforms, Inc. (NASDAQ:META) is launching a new Incognito Chat feature on WhatsApp for conversations with the company’s AI assistant.
The report highlighted that this new feature is aimed at addressing the concerns regarding data privacy. Management noted that the incognito chat feature will ensure that the conversations with the Meta AI assistant remain hidden from everyone, including the company itself. These messages will not be saved and will automatically disappear.
Reuters also highlighted that the initiative responds to a widespread concern that people routinely share personal, financial, health, and work-related information with AI assistants. Head of WhatsApp, Will Cathcart, emphasized that users should not have to expose the personal context behind their questions to the companies operating these AI systems.
Moreover, initially, the Incognito Chat supports text only, with no option to upload images. The chat also features built-in guardrails, which handle inappropriate queries intelligently. The company also plans to roll out additional Side Chat features in the coming months, which will allow users to get help while chatting with other users.
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.