Meta Platforms Inc Class A (META)
Meta starts the search for nuclear partners to power energy-hungry AI
Meta is seeking nuclear energy developers to power its AI and sustainability goals. The company said in a blog post it's targeting delivery of the project in the early 2030s.
Meta wants to go nuclear in 2030s to power is AIs
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) plans to go nuclear in the next decade, to meet massive electricity demands for its artificial intelligence data centres. Mark Zuckerberg's social media and tech giant has reportedly issued a request for proposals (RFP) seeking developers to establish between one and four gigawatts of nuclear power capacity by the early 2030s.
Meta seeks nuclear power developers for reactors to start in early 2030s
Meta said on Tuesday it is seeking proposals from nuclear power developers to help meet its artificial intelligence and environment goals, becoming the latest big tech company to take interest in atomic power amid an expected boom in power demand.
Meta says no sign of AI bedeviling elections in 2024
Meta on Tuesday said fears that artificial intelligence would unleash a torrent of misinformation to deceive voters around the world did not come true as elections played out around the world this year.
Meta Platforms: The Clock Is Ticking On This Opportunity
Meta Platforms, Inc. continues to show impressive performance. The potential TikTok ban in the U.S. could boost Meta's short-form video market share, adding billions in additional revenue. Favorable macro conditions and a dominant position in the digital advertising market suggest Meta will sustain double-digit growth and create shareholder value in the years ahead.
Meta says AI content made up less than 1% of election-related misinformation on its apps
At the start of the year, there were widespread concerns about how generative AI could be used to interfere in global elections to spread propaganda and disinformation. Fast forward to the end of the year, Meta claims those fears did not play out, at least on its platforms, as it shared that the technology had limited impact across Facebook, Instagram, and Threads.
Meta says gen AI had muted impact on global elections this year
Despite widespread concern that generative AI could interfere with major elections around the globe this year, the technology had limited impact across Meta Platforms' apps, the tech company said on Tuesday.
Meta says it has taken down about 20 covert influence operations in 2024
Firm names Russia as top source of such activity but says it is ‘striking' how little AI was used to try to trick voters
Cathie Wood Says Software Is the Next Big AI Opportunity -- 1 Super Stock You'll Regret Not Buying in 2025 If She's Right
Morgan Stanley estimates that just four companies -- Microsoft, Amazon, Alphabet, and Meta Platforms (META 3.22%) -- will spend a combined $300 billion on data center infrastructure and chips during 2025 alone, to support their ambitions in the artificial intelligence (AI) space.
Meta: Innovation Keeps Snowballing
Meta's strong financial performance and innovation in AI and AR/VR support a 'Strong Buy' rating, with a 20% stock gain since the last recommendation. AI integration in social media platforms and the new 'Threads' network are promising growth drivers, enhancing ad targeting and user engagement. Meta's Q3 revenue grew 19% YoY, with a 35% increase in net income, despite significant R&D investments in AR/VR and AI infrastructure.
Meta tightens ad rules to curb financial scams aimed at Australians
Instagram and Facebook-owner Meta Platforms said on Monday it had introduced stricter rules for advertisers of financial products and services targeting Australians, in a bid to crack down on scams on the social media platforms.
Nvidia's Share Price Up 175% This Year
The S&P 500 is up 26% this year. Social media giant Meta Platforms (NASDAQ: META) has posted 62% growth on a remarkable surge in users and revenue.
