Meta Not Among Market Leaders In AI Today, Says Brad Gerstner As Altimeter Exits Mark Zuckerberg-Led Company: Report
Yahoo Finance·2026-01-08 20:31

Altimeter Capital has reportedly exited its significant position in Meta Platforms Inc. (NASDAQ:META), with founder Brad Gerstner stating Tuesday that the social media giant is not currently a market leader in artificial intelligence (AI). The AI Leadership Gap Speaking on CNBC's "Halftime Report," Gerstner revealed why Meta was conspicuously absent from his top holdings list for 2026. Altimeter originally invested in late 2022, riding the stock’s surge from roughly $90 a share to over $700 as the company ...