Meta Platforms Inc Class A (META)
Meta CEO Zuckerberg says first AI data supercluster will come online in 2026
Meta CEO Mark Zuckerberg on Monday said he plans to invest "hundreds of billions of dollars" into artificial intelligence compute infrastructure. The company plans to bring its first supercluster, Prometheus, online next year.
Mark Zuckerberg's Meta to invest hundreds of billions on data centers after poaching top AI talent
"We have the capital from our business to do this," Zuckerberg said in a post on Threads.
Meta announces several multi-gigawatt data centers, first planning to come online in 2026
CNBC's Deirdre Bosa joins 'Money Movers' to discuss Meta's announcement of bringing several data centers online.
Meta acquires voice AI startup PlayAI to boost natural language technology
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) has acquired PlayAI, a small artificial intelligence startup focused on developing highly realistic voice generation technology, as part of its ongoing push to advance its AI capabilities. PlayAI specializes in ultra-natural voice cloning, capable of replicating human tone, emotion, rhythm, and intonation in more than 30 languages.
Meta Platforms, Inc. (META) is Attracting Investor Attention: Here is What You Should Know
Meta Platforms (META) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Meta acquires voice startup Play AI
Meta has acquired Play AI, a startup that uses AI to generate human-sounding voices.
Meta Buying Voice AI Startup PlayAI
Meta has reportedly acquired voice technology/artificial intelligence (AI) startup PlayAI. The “entire PlayAI team” is due to join Meta this week, Bloomberg News reported late Friday (July 11), citing an internal memo.
Meta and Autonomous Advertising: The Stock's Next Big Tailwind?
As one of the world's largest and most influential companies, Meta Platforms NASDAQ: META is often the subject of interesting reports containing juicy rumors.
Meta's Aggressive Hiring Sprees May Further Drive Its Rally
META's recently fast/furious rally has outpaced its robust fundamentals, with valuations now overstretched compared to its historical averages and peers. Its AI-driven growth and aggressive talent acquisition support the social media/advertising giant's long-term ambitions, albeit triggering a minimal margin of safety at current levels. While META's technical indicators suggest sustained upward momentum in the near-term, the stock market's overly exuberant sentiment may trigger near-term volatility.
Positive Digital Ad Spend Outlook, META's New Cycle of Spending
Scott Devitt and his Wedbush team share insights from a recent Digital Ads survey. He reveals a largely positive backdrop for the overall digital advertising space addressing companies like The Trade Desk (TTD), Pinterest (PINS), Amazon (AMZN) and more.
Meta: Hire Away, Zuckerberg
Meta's aggressive AI investments, including a $14.3B Scale AI stake and top talent hires, aim to dominate the personalized AI assistant space, especially with its lead in AR/VR. Core AI efforts are driving strong growth and profitability in Meta's family of apps, justifying elevated capex and supporting future innovation. Despite losses from its Reality Labs segment, Meta's expanding free and operating cash flow amid growing capex is supporting continued investor confidence.
Meta Platforms (META) Laps the Stock Market: Here's Why
The latest trading day saw Meta Platforms (META) settling at $732.78, representing a +1.68% change from its previous close.
