Meta Platforms Inc Class A (META)
Meta Invests Nearly $15 Billion in Scale AI to Kick-Start Superintelligence Lab
Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of artificial intelligence rivals.
Scale AI plans to promote strategy chief Droege to CEO as founder Wang heads for Meta
Scale AI plans to promote Jason Droege, the company's strategy chief, to run the artificial intelligence startup, CNBC confirmed. Meta is finalizing a $14 billion investment into Scale AI, CNBC previously reported.
Is Meta really spending $15 billion to hire a 28-year-old?
Meta reportedly plans to buy nearly half of Scale AI for $15 billion. In theory, Mark Zuckerberg is interested in securing Scale AI's data services.
Meta teams with XGS Energy to build a 150 MW geothermal power plant
Meta is the latest tech company to warm to geothermal energy, announcing on Thursday a deal with startup XGS Energy to develop a 150 megawatt geothermal power plant in New Mexico.
Meta sues CrushAI developer amid broader crackdown on ‘nudify' apps
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) has filed a lawsuit against Joy Timeline HK Limited, the Hong Kong-based developer behind CrushAI, an app that uses artificial intelligence to generate non-consensual nude and sexually explicit images of individuals by manipulating their photos. Filed in a Hong Kong district court, the lawsuit alleges that the company repeatedly violated Meta's advertising policies by promoting CrushAI across Facebook and Instagram.
What Drove Meta Stock's 2x Rise?
META Platforms stock (NASDAQ: META) has witnessed a substantial increase, spurred by investor enthusiasm over rising user interaction and consistently robust quarterly earnings. So far this year, Meta has gained 16%, significantly outperforming the wider NASDAQ index, which has increased by 2%.
Meta Launches Lawsuit Against 'Nudify' AI Company Over Facebook, Instagram Ads
Meta Platforms (META) on Thursday announced a lawsuit against a Hong Kong-based company that has managed to work around the social media giant's advertising detection technology to promote AI-powered explicit apps.
Meta Platforms (NASDAQ: META) Stock Price Prediction for 2025: Where Will It Be in 1 Year (June 12)
So far this year, one of the better performers among Magnificent 7 has been Meta Platforms Inc.
Meta's AI Will Kill Agencies And Capture The Spoils
Meta's AI advancements are already driving higher ad revenue, engagement, and efficiency, especially benefiting small businesses with automated campaign creation and creative generation. By 2026, Meta aims to fully automate ad creation and targeting, eliminating agency middlemen and unlocking significant margin expansion and new advertiser classes. Meta's valuation remains attractive, with Wall Street underestimating both current momentum and the multi-year AI-driven growth cycle ahead.
"Superintelligence" & Scale AI Show META "Hedging Bets" on A.I.
David Nicholson talks all things Meta Platforms (META) and its A.I. developments.
Treasury Secretary Bessent's testimony, Fed rate cut bets, Meta's $14B AI move
On today's episode of Catalysts, host Madison Mills speaks with Yahoo Finance Senior Washington Correspondent Jennifer Schonberger on Treasury Secretary Scott Bessent's upcoming testimony and President Trump's latest comments on a China trade deal. Bob Lang, Explosive Options technical analyst, joins the show to explain how cooling inflation could open the door to Federal Reserve interest rate cuts.
State AGs led by NY's Letitia James pressure Meta to clean up investment scams on Facebook
A group of 42 state attorneys general are calling on Meta to curb the rise of investment scams on Facebook that fraudulently use the images of Warren Buffett and other famous figures, New York Attorney General Letitia James said. James said in a news release criminals are consistently evading Meta's automated and human review systems to post fake ads that leave retail investors saddled with millions of dollars in losses.
