Report Reveals Bold IRS AI Overhaul Plan with Elon Musk’s DOGE Team

From Yahoo Finance: 2025-04-13 14:33:00

  1. Palantir Technologies Inc. (PLTR) is among the AI stocks grabbing Wall Street’s attention. The company is reportedly collaborating with Elon Musk’s DOGE on an IRS project to create a new API for accessing IRS records, potentially revolutionizing access to sensitive data.
  2. OpenAI has filed a countersuit against Elon Musk, accusing him of harassment and attempting to slow down its transition to a for-profit company. Musk has defended his actions, claiming the transition would compromise OpenAI’s mission.
  3. Musk’s legal team has referred to a rejected $97.4 billion takeover bid for OpenAI, highlighting tensions between the two entities. OpenAI must complete its transition by year-end to secure its full fundraising amount.
  4. Hedge funds are eyeing AI stocks like PLTR, with 63 funds holding stakes. While PLTR shows potential, other AI stocks may offer greater returns in a shorter time frame. Investors looking for promising AI stocks can explore opportunities beyond PLTR.
  5. Dive into the world of AI stocks with insights from top hedge fund picks. Discover which AI stocks are gaining momentum and consider opportunities with potential for high returns. Stay informed about the latest trends in AI stock investments.

Read more: Report Reveals Bold IRS AI Overhaul Plan with Elon Musk’s DOGE Team