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Meta Platforms, Inc., [10] doing business as Meta, [11] and formerly named Facebook, Inc., and TheFacebook, Inc., [12] [13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [14]
Capital expenditures are now expected to rise as high as $40 billion for the year, up from a high of $37 billion. The check on Zuck's ambitions came as Meta shared a downbeat Q2 forecast ...
But its shares dropped sharply in after-hours trading following lukewarm revenue guidance. Meta Platforms Inc. earned $12.37 billion, or $4.71 per share, in the January-March period. That's up ...
April 25, 2024 at 2:01 PM. Meta stock ( META) fell more than 10% on Thursday after CEO Mark Zuckerberg revealed that the social media company is pouring more cash into its AI efforts, spooking ...
Investors balk at $40 billion in spending, sending stock falling—but analysts say Meta’s advertising advantage is a perfect use case for AI.
Pathward Financial, Inc. Pathward (formerly known as MetaBank) is a U.S.-based banking and financial services company. It adopted its current name in 2022 after its parent, Meta Financial Group, sold the "Meta" trademark to Meta Platforms. [3]
Meta Platforms. Meta AI is an artificial intelligence laboratory owned by Meta Platforms Inc. (formerly known as Facebook, Inc.). Meta AI develops various forms of artificial intelligence, including augmented and artificial reality technologies. Meta AI is also an academic research laboratory focused on generating knowledge for the AI community.
Meta has to build at least an $800 million data center and invest at least $2.8 billion over 25 years, including costs of periodically updating the center’s equipment, to get $110 million in ...