Meta Platforms, Inc. shares rise 1.08% intraday after US senators call for a probe into its AI chatbot.

Meta Platforms, Inc. rose 1.08% in intraday trading. The company is facing calls for a congressional probe into its chatbot, which could potentially impact its operations and reputation. Additionally, US senators have called for a probe after a Reuters report on its activities, further adding to the scrutiny. However, the stock's rise may be attributed to the overall positive sentiment in the tech sector, as hedge funds have increased their exposure to Big Tech amid a generational boom in the growth of artificial intelligence.