METAC Stock Price and Chart — BCBA:METAC

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Meta Platforms has bought a 49% stake in Scale AI for $14 billion, boosting its AI skills with Scale's data-labeling services and leadership under Alexandr Wang.

Meta Platforms has launched the Superintelligence Lab to enhance its Llama models and strengthen its AI capabilities by hiring top talent from competitors.

Lance Roberts, a financial strategist, has sold his shares in Apple and taken a position in Meta Platforms (META), highlighting the company's growing revenues as a positive factor.

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About Meta Platforms

Meta Platforms, Inc. engages in the development of social media applications. It builds technology that helps people connect and share, find communities, and grow businesses. It operates through the Family of Apps (FoA) and Reality Labs (RL) segments. The FoA segment consists of Facebook, Instagram, Messenger, WhatsApp, and other services. The RL segment includes augmented, mixed and virtual reality related consumer hardware, software, and content. The company was founded by Mark Elliot Zuckerberg, Dustin Moskovitz, Chris R. Hughes, Andrew McCollum, and Eduardo P. Saverin on February 4, 2004, and is headquartered in Menlo Park, CA.

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