Meta Platforms makes most of its money from advertising to its massive user base. As of the end of the first quarter, Meta boasted 3.43 billion daily active users across its websites and apps, which include Facebook, Instagram, Messenger, and WhatsApp.

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Meta platforms such as Instagram have marketed AI tools that let users create sexually explicit images of real people.

XGS Energy and Meta Platforms Inc. announced Thursday plans to build a geothermal site in northwestern New Mexico, aiming to jumpstart the state's geothermal industry as tech companies seek new

Scale AI built its business on the labor of gig workers. But those workers likely won't benefit from their new deal with Meta.

(Reuters) -Meta has finalized a $14.3 billion purchase of a 49% stake in data labeling startup Scale AI, according to sources familiar with the matter. Scale AI said late on Thursday that the deal would value it at $29 billion and that the startup's chief executive,

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 has gained 16%, significantly outperforming the wider NASDAQ index, which has increased by 2%.

The new group is part of an ambitious, and costly, effort by Meta CEO Mark Zuckerberg to gain ground on rivals like Google and OpenAI after he was frustrated by the poor reception to the company’s