Meta Platforms Inc Class A logo

Meta Platforms Inc Class A (META)

Market Closed
15 Jun, 20:00
NASDAQ (NGS) NASDAQ (NGS)
$
593. 48
+26.5
+4.6739%
$
1.44T Market Cap
29.59 P/E Ratio
0.01% Div Yield
16.43M Volume
14.35 Eps
$ 566.98
Previous Close
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Day Range
579.3 601.27
Year Range
520.26 796.25
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Meta Platforms (Nasdaq: META) CEO Mark Zuckerberg Goes All-In On AI

Meta Platforms (Nasdaq: META) CEO Mark Zuckerberg Goes All-In On AI

Meta (NASDAQ: META) is aggressively ramping up AI efforts by investing $15 billion in Scale AI and personally recruiting a top-tier “super intelligence” team, signaling a strategic push to catch up in foundational model development.

247wallst | 11 months ago
Meta Won Its AI Fair Use Lawsuit, but Judge Says Authors Are Likely 'to Often Win' Going Forward

Meta Won Its AI Fair Use Lawsuit, but Judge Says Authors Are Likely 'to Often Win' Going Forward

Meta's victory came two days after Claude maker Anthropic won a similar case.

Cnet | 11 months ago
Meta is offering multi-million pay for AI researchers, but not $100M ‘signing bonuses'

Meta is offering multi-million pay for AI researchers, but not $100M ‘signing bonuses'

Meta is definitely offering hefty multi-million-dollar pay packages to AI researchers when wooing them to its new Superintelligence Lab. But no one is really getting a $100 million “signing bonus,” according to a poached researcher and comments from a leaked internal meeting.

Techcrunch | 11 months ago
Meta buys over 1 GW of renewables to power its data centers

Meta buys over 1 GW of renewables to power its data centers

Meta bolstered its already considerable renewable power portfolio this week with string of deals that added over 1 gigawatt of generating capacity.

Techcrunch | 11 months ago
Meta in talks to acquire voice cloning startup Play AI

Meta in talks to acquire voice cloning startup Play AI

Alongside bolstering its AI research talent pool, Meta seems to be keen to flesh out its consumer-facing AI features. The company is in discussions to acquire a voice cloning startup called Play AI, Bloomberg reported, citing anonymous sources.

Techcrunch | 11 months ago
Exclusive: Meta says EU antitrust regulators are discriminating against its business model

Exclusive: Meta says EU antitrust regulators are discriminating against its business model

Meta Platforms on Friday criticised EU antitrust regulators for moving the goalpost as the U.S. company seeks to comply with an order targeting its pay-or-consent business model.

Reuters | 11 months ago
Mark Zuckerberg Ramps Up Meta's A.I. Spending as Competition Heats Up

Mark Zuckerberg Ramps Up Meta's A.I. Spending as Competition Heats Up

Unhappy with his company's artificial intelligence efforts, Meta's C.E.O. is on a spending spree as he reconsiders his strategy in the contest to invent a hypothetical “superintelligence.

Nytimes | 11 months ago
Exclusive: Meta will only make limited changes to pay-or-consent model, EU says

Exclusive: Meta will only make limited changes to pay-or-consent model, EU says

Meta Platforms will only make limited changes to its pay-or-consent model rolled out in November 2024 and EU antitrust regulators cannot verify for now if the changes are sufficient to comply with an EU antitrust order, the European Commission said on Friday.

Reuters | 11 months ago
Report: Meta in Talks to Acquire Voice AI Platform PlayAI

Report: Meta in Talks to Acquire Voice AI Platform PlayAI

Meta is reportedly in talks to acquire voice artificial intelligence (AI) platform PlayAI. [contact-form-7] The companies are in advanced talks on a deal in which Meta would acquire PlayAI's technology and some of its employees, Bloomberg reported Thursday (June 26), citing unnamed sources.

Pymnts | 11 months ago
Meta Platforms (META) Laps the Stock Market: Here's Why

Meta Platforms (META) Laps the Stock Market: Here's Why

In the latest trading session, Meta Platforms (META) closed at $726.09, marking a +2.46% move from the previous day.

Zacks | 11 months ago
Meta's CEO is Making a Super-Massive Bet on Superintelligence

Meta's CEO is Making a Super-Massive Bet on Superintelligence

Meta Platforms (NASDAQ:META) CEO Mark Zuckerberg isn't the type of leader to back down whenever there's a generational opportunity to seize.

247wallst | 11 months ago
Meta hires key OpenAI researcher to work on AI reasoning models

Meta hires key OpenAI researcher to work on AI reasoning models

Meta has hired a highly influential OpenAI researcher, Trapit Bansal, to work on its AI reasoning models under the company's new AI superintelligence unit, a person familiar with the matter tells TechCrunch.

Techcrunch | 11 months ago
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