META Stock Recent News
META LATEST HEADLINES
Accounts for teenagers using Meta's platform, especially Instagram, will be getting new protections for direct messages and to help users spot potential scammers.
The strong growth in investing in the technology infrastructure to support generative AI has been a focus the past year and is projected to expand this year. Microsoft stock has traded up 28.0% since the last earnings release and is up 37.7% since January 2024. META stock has been up 30.4% since the Q1 release in April and is up 106.9% since January 2024.
Meta hires Shengjia Zhao, ChatGPT co-creator, as chief scientist of its Superintelligence Labs. Mark Zuckerberg is on a multibillion-dollar AI spending spree, which includes poaching talent.
The move underscores Meta's strategy of spending aggressively now to secure a dominant position in what it views as the next foundational technology platform.
The Mag 7 stocks have led the market's rebound from the April lows to new all-time highs, with this week's results giving market participants the most relevant pulse check to validate the group's recent performance.
Meta Platforms has appointed Shengjia Zhao, co-creator of ChatGPT, as chief scientist of its Superintelligence Lab, CEO Mark Zuckerberg said on Friday, as the company accelerates its push into advanced AI.
Meta CEO Mark Zuckerberg announced Friday that former OpenAI researcher Shengjia Zhao will lead research efforts at the company's new AI unit, Meta Superintelligence Labs (MSL). Zhao contributed to several of OpenAI's largest breakthroughs, including ChatGPT, GPT-4, and the company's first AI reasoning model, o1.
Meta CEO Mark Zuckerberg said Shengjia Zhao, the co-creator of OpenAI's ChatGPT, will serve as the chief scientist of Meta Superintelligence Labs. Zhao will work directly with Zuckerberg and Alexandr Wang, the former CEO of Scale AI and now Meta's chief AI officer.
Cory Johnson and Nick Raich offer a wide perspective on next week's big tech earnings. Cory Johnson says there's more to watch beyond Amazon's (AMZN) AWS growth, urging investors to pay attention to the company's big basket of businesses.
Jason Thomas, head of global research and investment strategy at Carlyle, examines the level of investment in artificial intelligence among the big tech companies and the significance of that spending on equity and bond markets and the overall US economy.