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. Major investors are pouring back into Big Tech and AI leaders, signaling confidence that artificial intelligence will continue to fuel outsized growth. New SEC filings show top hedge funds aggressively increased stakes in the so-called “Magnificent Seven” tech companies during Q2. Ray Dalio’s Bridgewater Associates more than doubled its Nvidia holdings to 7.23 million shares reuters.com, while boosting its bets on Alphabet and Microsoft by 84% and 112%, respectively reuters.com. Chase Coleman’s Tiger Global Management likewise added 4 million Amazon shares, ending June with 10 million shares worth $2.34 billion reuters.com, and increased positions in Alphabet, Nvidia, Microsoft and Meta ts2.tech. This marks a sharp
