META's stock soars 50% since April, driven by resilient ad growth, AI advancements, and new revenue channels like Threads.

Meta Chief Executive Mark Zuckerberg announced plans to invest hundreds of billions of dollars over the next several years to build a series of massive artificial intelligence (AI) data centers — each with power demands measured in gigawatts — as part of the company's accelerating push toward developing superintelligence.

The ChatGPT maker was about to release its first major open-weight model, but a last-minute discovery has put the project on ice, fueling speculation about what went wrong.

Meta accelerates its AI ambitions with Prometheus supercluster, tent-based data centers, and billion-dollar investments to outpace tech rivals.

Meta's operating performance has been incredibly strong over the past year, thanks partly to its investments in AI, so its stock is unsurprisingly trading near a record high. The company is scheduled to release its financial results for the second quarter of 2025 (ended June 30) on July 30, and management's guidance points to another strong report.

Meta Platforms has overhauled its stumbling efforts in artificial intelligence by making a head-spinning series of hires of leaders and researchers from outside the company. But a key question has lingered: Why has Meta struggled so badly in AI that it’s injecting so much

Zuckerberg is picking off top talent from across the industry, and OpenAI might be more vulnerable than most.