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

Meta Platforms (NasdaqGS:META) has announced significant developments, including a $14 billion investment in Scale AI to enhance artificial intelligence capabilities, alongside a strategic partnership with XGS Energy for geothermal energy projects.

Meta Platforms stands out as a top AI stock because of its attractive valuation. With a forward price-to-earnings ( P/E) ratio of 25, Meta trades at a large discount to its Magnificent Seven peers, including Apple, Amazon, Microsoft, and Nvidia, which average an earnings multiple closer to 32.

Meta said in a blog post that it is suing Joy Timeline HK Limited, the entity behind CrushAI apps, which allow people to create AI-generated nude or sexually explicit images of individuals without their consent.

Mark Zuckerberg, frustrated with Meta Platforms Inc.’s shortfalls in AI, is assembling a team of experts to achieve artificial general intelligence, recruiting from a brain trust of AI researchers and engineers who’ve met with him in recent weeks at his homes in Lake Tahoe and Palo Alto.

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.

Mark Zuckerberg is said to be hiring about 50 members for a new team working on AI-driven projects including artificial general intelligence.

Meta AI is going viral for showing user chats that should not be public, so be sure to fix your privacy settings ASAP.

Meta is suing a company for an app that allows people to create Ai-generate nudes or sexually explicit images without their consent, the social media company said Thursday.