Peter Thiel's Investment Firm Turns to Artificial Intelligence Stocks

Serdar HocamAuthor & Editor

Thiel Macro LLC, the investment firm of Palantir co-founder Peter Thiel, announced that it has invested in artificial intelligence-focused stocks.

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Palantir Billionaire Peter Thiel Has 42% of His Portfolio in These 2 Artificial Intelligence Stocks

Thiel Macro LLC, the investment firm of Palantir Technologies co-founder and chairman Peter Thiel, has disclosed new holdings in stocks connected to the artificial intelligence sector.

Distribution of the Investment Portfolio

According to the statement made by Thiel Macro LLC, a large portion of the portfolio, 42 percent, consists of Amazon and Vistra Corp shares.

Details of the Investments

Having had no investments in the first quarter, Thiel Macro drew attention by adding eight different stocks to its portfolio in the second quarter.

Amazon's Place in the Portfolio

Accounting for 28 percent of the portfolio and standing as the largest asset, Amazon stands out with its strength in the cloud computing market.