Here's Platinum International Technology Fund's Thoughts on the Impact of ChatGPT on Meta Platforms (META)

Platinum Asset Management, an investment management company, released its Q3 2025 investor letter for “Platinum International Technology Fund”. A copy of the letter can be downloaded here. The fund was up 6% in the third quarter, driven by strong performance from AI-oriented holdings. The portfolio holds around 30% of its stake in AI infrastructure stocks and is positioned to benefit from significant investment in the AI build-out. In addition, you can check the fund’s top 5 holdings to find out its best picks for 2025.

In its third-quarter 2025 investor letter, Platinum International Technology Fund highlighted stocks such as Meta Platforms, Inc. (NASDAQ:META). Meta Platforms, Inc. (NASDAQ:META) is a technology company that develops products to connect people. The one-month return of Meta Platforms, Inc. (NASDAQ:META) was 11.32%, and its shares gained 10.04% of their value over the last 52 weeks. On December 16, 2025, Meta Platforms, Inc. (NASDAQ:META) stock closed at $657.15 per share, with a market capitalization of $1.656 trillion.

Platinum International Technology Fund stated the following regarding Meta Platforms, Inc. (NASDAQ:META) in its third quarter 2025 investor letter:

"The risk to Meta Platforms, Inc. (NASDAQ:META) is further away but could be just as acute. There are some anecdotal data points which suggest that hyper-personalised chatbot messages may be addictive. It’s also interesting that in the NBER dataset, “self-expression”, which included “general chit chat” and “relationship and personal reflections” was one of the fastest growing categories (up ~8x in the past year).

If one was to believe that high quality AI video generation will be productised, it’s not hard to see how ChatGPT competes with Meta for our attention by not only telling us exactly what we want to hear but showing us the images and short videos we want to see when we want to see them. The Vibes feed in the Meta AI app gives us a glimpse of this new reality.

We believe both Alphabet and Meta are using the right strategies to defend their franchises. Both are keeping up with OpenAI on model performance (helped by advantages in both datasets and infrastructure). They are also leveraging their existing products for distribution. Alphabet is pushing Gemini into Android, Chrome and search (AI Overview) and will be launching AI Mode directly in Google.com. Meta is integrating Meta AI into its family of apps and its recently launched Meta AI standalone app has garnered a lot of attention…” Click here to read the full text)

Meta Platforms, Inc. (NASDAQ:META) is in the third position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 273 hedge fund portfolios held Meta Platforms, Inc. (NASDAQ:META) at the end of the third quarter, which was 260 in the previous quarter.  In the third quarter of 2025, Meta Platforms, Inc. (NASDAQ:META) reported revenue of $51.2 billion, representing an increase of 26% or 25% on a constant currency basis. While we acknowledge the potential of Meta Platforms, Inc. (NASDAQ:META) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In another article, we covered Meta Platforms, Inc. (NASDAQ:META) and shared the list of top AI and technology stocks to buy according to hedge funds. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.