Meta is making its first major minority investment in an outside company as it tries to catch up to a growing field of artificial intelligence rivals.
Scale AI plans to promote Jason Droege, the company's strategy chief, to run the artificial intelligence startup, CNBC confirmed. Meta is finalizing a $14 billion investment into Scale AI, CNBC previo
Meta signed an agreement with XGS Energy to help develop 150 megawatts of advanced geothermal electricity in New Mexico to power the Facebook parent company's artificial intelligence expansion, the co
Meta reportedly plans to buy nearly half of Scale AI for $15 billion. In theory, Mark Zuckerberg is interested in securing Scale AI's data services.
SANTA FE, N.M.--(BUSINESS WIRE)--XGS Energy, Inc. (XGS) and Meta Platforms, Inc (Meta) today announced an agreement to support development of 150 MW of next-generation geothermal energy in New Mexico,
Meta is the latest tech company to warm to geothermal energy, announcing on Thursday a deal with startup XGS Energy to develop a 150 megawatt geothermal power plant in New Mexico.
The tech sector, specifically the "Magnificent Seven," made up of Nvidia, Alphabet, Tesla, Microsoft, Amazon, Meta, and Apple, was a significant driver of market gains in 2023 and 2024. However, 2025
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) has filed a lawsuit against Joy Timeline HK Limited, the Hong Kong-based developer behind CrushAI, an app that uses artificial intelligence to genera

What Drove Meta Stock's 2x Rise?

11:05am, Thursday, 12'th Jun 2025
META Platforms stock (NASDAQ: META) has witnessed a substantial increase, spurred by investor enthusiasm over rising user interaction and consistently robust quarterly earnings. So far this year, Meta
From 2025-2030, a 22.1% CAGR is expected in the French social commerce market, expanding the market to $55.96 billion by 2030. Platforms like Facebook, Instagram, and TikTok drive this trend, with sig
Meta Platforms (META) on Thursday announced a lawsuit against a Hong Kong-based company that has managed to work around the social media giant's advertising detection technology to promote AI-powered
Oracle (ORCL) continues to impress after posting strong cloud revenue for the previous quarter and stellar guidance for fiscal 2026. Jenny Horne makes a comparison to Broadcom (AVGO) in how rising A.I
NEW YORK , June 12, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Meta Platforms, Inc. ("Meta" or the "Company") (NASDAQ: META). Such investors are advised to c
As demand for energy skyrockets amid an AI push, uranium miners are ramping up domestic production of the mineral used to fuel nuclear reactors.
So far this year, one of the better performers among Magnificent 7 has been Meta Platforms Inc.
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