Meta Platforms said on Tuesday its Threads app had reached 500 million monthly active users, nearly three years after the social network platform was launched as a competitor to Elon Musk's X.
How exactly Meta's new AI Mode is sourcing its search results. The company says it will “give you answers grounded in what people are saying publicly across our apps like in Groups and Reels,” but doesn't address exactly how its algorithm is weighing sources or how it will combat misinformation, which has plagued Facebook for years.
A new unit at Meta devoted to artificial intelligence is turning into real-world hell for employees, according to a new report.
As Meta tries to catch up in the AI race and boost engagement with its AI bot, the company announced Monday that it's rolling out new AI features on Facebook that aim to change how users find information, create content, and interact with the platform.
Meta Platforms Inc (NASDAQ:META) is up 5% at $595.57 this afternoon, after the tech concern launched new AI features on social media platform Facebook.
Meta Platforms Inc (NASDAQ:META) is up 5% at $595.57 this afternoon, after the tech concern launched new AI features on social media platform Facebook.
Meta Platforms is stunningly valued at just 17x forward earnings, well below its five-year average, reflecting heightened execution risk and market pessimism versus Alphabet. META's heavy AI CapEx, projected near $145B this year, pressures margins but is seen as peaking, with future profitability aided by improved AI-driven ad ROAS. Optionality in subscriptions and monetizing its 3.5B MAU base offers significant long-term upside beyond advertising.
Plus, Anthropic's Fable woes, Meta's big teacher bonuses and the terrifying rise of deepfake porn.
Mark Zuckerberg's mega spending spree on AI began a year ago, when he lured Alexandr Wang to the company to oversee a new strategy. Wang's group rolled out a new model called Muse Spark in April, putting Meta back on the map in artificial intelligence.
Meta Platforms remains under pressure due to investor skepticism over rising AI-driven capex and potential equity dilution. META's AI investments are already driving accelerating ad revenue growth, with Q1 FY26 revenue up 33% YoY and both ad impressions and pricing rising. Custom silicon deployment and new revenue streams like Business Agent, Meta One, and AI glasses offer significant long-term revenue and margin potential for the company.
Mark Lanier said he used AI before and during the social media addiction trial earlier this year. Lanier, who won the case against Meta and Google, said AI has transformed his workflow.
Meta has begun dismantling its $2 billion acquisition of Manus, completing an operational separation from the Chinese-founded AI startup and halting data sharing between the two companies. This is the most concrete step yet toward complying with a divestiture order Beijing issued roughly two months ago on national security grounds.