Meta Platforms NASDAQ: META shareholders rejected a slate of outside investor proposals at the company's 2026 annual meeting, while Chairman and CEO Mark Zuckerberg outlined what he described as four major opportunities tied to artificial intelligence: improving Meta's core apps and advertising, personal AI agents, business agents and AI hardware.
On this week's GeekWire Podcast: Mark Zuckerberg's superyacht arrives in Seattle the same day Meta discloses nearly 1,400 local layoffs, robot pizza startup Picnic shuts down and sells its assets to a mystery buyer, and companies grapple with the rising cost of corporate AI.
The $800 question for Meta Platforms (NASDAQ:META | META Price Prediction) comes down to whether the AI capex narrative can re-rate the multiple before late-2026 expense growth bites.
Meta Platforms NASDAQ: META took a real step forward with its artificial intelligence (AI) strategy in April. The company announced the release of its Muse Spark model, helping shares of the tech stock go on a solid run.
Meta Platforms' Oversight Board said on Thursday the tech giant has committed additional funding to secure the independent watchdog's operations through 2028.
Eight days ago, I told you that Mark Zuckerberg's smartest move was sitting in plain sight: rent out Meta's excess AI compute the way SpaceX is renting its to Anthropic.
Meta reportedly wants to place engineers and product managers with its large corporate clients. That's according to a report Wednesday (May 27) from The Information which says this move is part of a new division within the tech giant designed to promote adoption of Meta's artificial intelligence (AI) tools and services.
Meta on Wednesday launched paid subscription plans for its flagship apps, marking a major push by the tech giant to diversify beyond its longtime reliance on advertising revenue.
Meta's premium push arrives, targeting everyday users, AI enthusiasts and professional creators.
Meta shares surged following reports of the subscriptions, closing up 3.7% to $635.36. The tech giant's stock is down 6.6% in the past month of trading.
Meta will soon roll out subscriptions for three of its apps and for creators, businesses and power users of its artificial intelligence (AI) offering. Subscription plans called Instagram Plus, WhatsApp Plus and Facebook Plus are rolling out globally, Meta Head of Product Naomi Gleit said in a Wednesday (May 27) post on Instagram.
Meta is doubling down on its subscription offerings. On Wednesday, the social networking giant announced it's now rolling out its consumer subscription plans globally for its flagship apps, Instagram, Facebook, and WhatsApp, and beginning tests of new subscriptions for businesses, creators, and Meta AI users.