AI Stock Frenzy: Hedge Funds Pile In, Tesla’s Dojo U-Turn & Palantir’s Reality Check

Artificial intelligence stocks remained firmly in the spotlight over the weekend, as fresh disclosures and announcements from August 16–17 revealed big investors doubling down on AI winners, chipmakers navigating geopolitical twists, a surprise strategy shift at Tesla, and a heated debate over soaring valuations. AI bellwethers like Nvidia, AMD, and Palantir saw significant developments, while tech giants Microsoft, Amazon, and others leveraged alliances and faced regulatory scrutiny. AI-focused exchange-traded funds also reflected the sector’s momentum. Below is a comprehensive roundup of the latest AI stock news and market moves, with key quotes from industry voices.