Snap will launch its first-ever smart glasses for all consumers next year, ratcheting up competition with bigger rival Meta in the wearable technology market.
Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported on Tuesday, citing two people familiar with the matter.

Meta pays $15B for stake in Scale AI

12:35pm, Tuesday, 10'th Jun 2025
CNBC's Deirdre Bosa joins 'Money Movers' to discuss Meta agreeing to take a $15 billion stake in Scale AI.
Meta Platforms said it would start rolling out direct messaging on its Threads app, adding a feature long offered by rivals, in a bid to attract more users.
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) has agreed to invest $15 billion for a 49% stake in data-labeling startup Scale AI, according to multiple reports Tuesday. The move marks one of the
Meta plans to unveil a new AI research lab dedicated to “superintelligence” as the company works to compete in the AI race, according to several reports.
Live Updates Live Coverage Has Ended Corporate America Turns Positive on Economy 12:52 pm by Gerelyn Terzo In Chief Executive Group’s latest poll, taken a week ago, under 30% of CEOs anticipate
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Among the almighty Magnificent Seven stocks, Meta Platforms NASDAQ: META is now the undisputed front-runner when it comes to performance so far in 2025. As of the June 9 close, Meta has provided a tot
Meta is forming a new AI research lab dedicated to "superintelligence," according to a report from The New York Times. Alexandr Wang, the founder and CEO of the startup Scale AI, is reportedly joining
Partnership kicks off on July 29 on The Roku Channel's Roku Sports Channel SAN JOSE, Calif. - June 10, 2025 - Roku, the #1 TV streaming platform in the U.S., Canada, and Mexico*, and the National Wres
The start of summer is typically a slower trading season, but Kevin Hincks points to a slew of headlines drawing investors to Wall Street. For one, CPI on Wednesday will take focus ahead of the Fed's
PTL offers a faith-based, biblically aligned investment strategy, focusing on domestic large-cap equities with strong Inspire Impact Scores, excluding the Magnificent 7. The ETF provides a differentia
NEW YORK--(BUSINESS WIRE)--A shareholder proposal designed to hold Meta Platforms, Inc. (NASDAQ: META) (“Meta” or the “Company”) accountable for the rampant hateful content across its social m
Meta Platforms (META) CEO Mark Zuckerberg reportedly is building a team of 50 AI experts aimed at beating the company's tech rivals in achieving artificial general intelligence (AGI).
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