Meta Platforms Inc Class A (META)
Meta Taps Thinking Machines Co-Founder to Boost AI Expertise
Meta has reportedly recruited one of the co-founders of artificial intelligence (AI) startup Thinking Machines. Andrew Tulloch, a high-profile AI researcher, confirmed his departure in a message to workers on Friday (Oct. 10), The Wall Street Journal (WSJ) reported, citing sources familiar with the matter.
Thinking Machines Lab co-founder Tulloch departs for Meta, WSJ reports
Andrew Tulloch, the co-founder of Mira Murati's Thinking Machines Lab, has left the company to join Meta Platforms, the Wall Street Journal reported on Saturday.
Thinking Machines Lab Co-Founder Departs for Meta
Andrew Tulloch is the latest big-name AI researcher to join the social-media giant.
Shaq, Sam Altman-backed college startup Campus taps former Meta AI head as CTO
Sam Altman-backed Campus has hired Meta's former AI chief Jerome Pesenti as its technology head and acquired his AI company for an undisclosed amount. The acquisition advances the "engineering roadmap by 2-3 years," said Tade Oyerinde, Campus founder and chancellor.
Meta Platforms (META) Rises As Market Takes a Dip: Key Facts
In the most recent trading session, Meta Platforms (META) closed at $733.51, indicating a +2.18% shift from the previous trading day.
Meta balked at turning over AI chatbot records in lawsuit, setting up court fight
New Mexico accused Meta of withholding internal records about AI chatbots in a child-safety lawsuit. Meta argues the requests fall outside the scope of the case.
Meta and Apple nears settlement with EU over antitrust cases: report
Meta and Apple are close to settling two high-profile antitrust cases with the European Commission, marking a potential de-escalation in the ongoing tension between US Big Tech companies and European regulators, reported Financial Times. According to officials cited in the report, who have been briefed on the discussions, both companies are in the final stages
Republican AGs demand Meta explain handling of Oct 7 terror content, Hamas 'atrocities' circulated online
A dozen Republican attorneys general are demanding answers from Meta as the social media company faces a lawsuit from Oct. 7 victims' families.
Meta Platforms (NASDAQ: META) Price Prediction and Forecast 2025-2030 for October 8
Shares of Meta Platforms Inc. (NASDAQ: META) lost 0.78% over the past five trading sessions after losing 5.46% the five prior.
Meta: Market Misprices Intact Fundamentals
Meta's core social media business delivers massive cash flow, enabling heavy investment in AI and innovation with a proven high ROIC. The management is working really hard to deliver superior value for digital advertising customers, which will inevitably result in greater loyalty and improved growth potential. Valuation remains attractive, with estimated FY2025 P/E at 25.4 and Wall Street's average target price suggesting 22% upside.
Italian families target Facebook, Instagram and TikTok over child safety
A group of Italian families has filed a lawsuit against Facebook, Instagram and TikTok, accusing the platforms of failing to enforce age restrictions and using addictive features that harm children's mental health.
Pembina to Secure Data Center Deal With Meta in Alberta
PBA reportedly nears a deal to fuel Meta's massive AI data center in Alberta with natural gas via its Alliance pipeline, partnering with Kineticor and Beacon AI.
