The Facebook and Instagram parent is partnering with Luckey's Anduril Industries to develop combat VR headsets for the Army.
Meta AI now has one billion monthly active users across its apps, CEO Mark Zuckerberg said at the company's annual shareholder meeting on Wednesday, as first reported by CNBC. The new milestone doubles the 500 million monthly active users Meta AI had back in September 2024.
Meta Platform's AI push will be a key driver for the company in 2025, with integrations coming across numerous platforms, which is fueling engagement and increasing ad sales.
Meta chief Mark Zuckerberg touted the tech firm's generative artificial intelligence (Gen AI) assistant on Wednesday, telling shareholders it is used by a billion people each month across its platforms.
Meta's AI assistant now has 1 billion monthly active users across the company's family of apps, CEO Mark Zuckerberg said Wednesday at the company's annual shareholder meeting. The artificial intelligent assistant's 1 billion milestone comes after the company in April released a standalone app for the tool.
Meta wants to grow its retail footprint, Business Insider reported on Wednesday.
Meta is planning to open physical stores and hire retail workers, a move that could mirror Apple's retail strategy. Meta has an ongoing project to expand its retail footprint, an internal communication seen by BI shows.
Magnificent Seven stock Meta Platforms NASDAQ: META is seeing a huge divergence in trading activity when it comes to two important groups: institutions and insiders. This analysis will dive into what these groups each are indicating about Meta going forward, and provide perspective on what they mean overall.
Meta, the company that owns Facebook, are planning a new AI data center, the company's largest yet, in Richland Parish, Louisiana. The local utility company, Entergy, has plans to build three new gas-fired power plants to supply the additional electricity needed for the data center.
A landmark antitrust trial accusing the social media giant of cementing its dominance through acquiring Instagram and WhatsApp has concluded.
Meta Platforms (META) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Meta is a fairly easy investment to understand through the lens of its financials. It presently trades at about 16x enterprise value to family of apps operating profits, while growing at 20%. Exceptionally attractive. That said, with the rapid emergence of AI and an ongoing antitrust trial, Meta remains as controversial as ever.