Meta

Meta Platforms, formerly known as Facebook, is a technology conglomerate based in Menlo Park, Calif. The company owns and operates Facebook, Instagram, Threads and WhatsApp, among other products and services. Meta is one of the world’s most valuable companies and is among the 10 largest publicly traded corporations in the U.S. It is considered one of the Big Five, alongside Google parent company Alphabet, Amazon, Apple and Microsoft.

Recent Articles about Meta
The Bald Hill lithium mine in Western Australia. Photo: Carla Gottgens/Bloomberg/Getty
The Electric

The AI Data Center Boom Ignites a Tear in Lithium Shares

By Steve LeVine · May 28, 2026 9:00am PDT · 2 comments
Investors fled the stock of lithium mining companies in 2022 and 2023, when the metal’s price plunged about 90% and mines shut down globally. Now they have piled back into the category. The reason: a boom in lithium-ion batteries used to power AI data centers and the electricity grid, and the possibility that high gasoline prices will trigger a... Investors fled the stock of lithium mining companies in 2022 and 2023, when the metal’s price...
Mustafa Suleyman, CEO of Microsoft AI. Photo by David Ryder/Getty Images
AI Agenda

Microsoft to Release New Coding Model Next Week in Comeback Attempt

By Aaron Holmes · May 28, 2026 7:00am PDT
Microsoft next week will unveil a suite of new homegrown AI models at its annual Build conference for app developers in San Francisco. The question is whether it can win over these people.The company plans to unveil a coding model to boost the competitiveness of Microsoft-owned GitHub Copilot, a coding assistant whose early lead in the AI coding... Microsoft next week will unveil a suite of new homegrown AI models at its annual Build conference...
Art by Mike Sullivan
Exclusive

Apple to Renew Push for AI That Runs on Devices, Instead of the Cloud

By Aaron Tilley · May 28, 2026 6:00am PDT · 2 comments
At Apple’s annual developer conference next month, the star of the show will be a series of long-delayed artificial intelligence upgrades to the iPhone. But the company is also expected to emphasize what could be an underrated asset in its efforts to catch up in AI: Its ability to run AI models on the billions of Apple devices in circulation. ... At Apple’s annual developer conference next month, the star of the show will be a series of...
Snowflake CEO Sridhar Ramaswamy
Snowflake Shows Some Immunity to the SaaSpocalypse
By Kevin McLaughlin and Laura Bratton · May 27, 2026 5:36pm PDT
Snowflake CEO Sridhar Ramaswamy
The Briefing

Snowflake Shows Some Immunity to the SaaSpocalypse

By Kevin McLaughlin and Laura Bratton · May 27, 2026 5:36pm PDT
Shares of traditional software providers have been battered this year over AI fears. Investors’ reaction to Snowflake’s and Salesforce’s quarterly results Wednesday suggests some providers are in better shape than others.Snowflake shares jumped more than 35% to their highest point since December after the database provider said its most-watched... Shares of traditional software providers have been battered this year over AI fears. Investors’...
Venture capitalist Ethan Choi.
Exclusive

Khosla Partner Ethan Choi Raising $500 Million Fund

By Katie Roof · May 27, 2026 3:29pm PDT
Khosla Ventures partner Ethan Choi, who focused on investing in mature startups such as Vercel, has left the early-stage firm and is launching a new venture firm. The firm, called Atomus, is in the process of raising a new venture fund of at least $500 million, according to a person familiar with Choi’s plans. About half of the fund has already... Khosla Ventures partner Ethan Choi, who focused on investing in mature startups such as Vercel,...
Naomi Gleit, Meta’s head of product. Henrique Casinhas/Getty Images.
Exclusive

Internal Memo Reveals Meta’s Plan to Kickstart Its Enterprise AI Business

By Jyoti Mann · May 27, 2026 3:09pm PDT · 2 comments
Meta Platforms plans to place engineers and product managers inside large corporate customers as part of a new unit at the social-media giant to push businesses to use its AI tools and services. In an internal memo, senior executive Naomi Gleit said the new organization, called Enterprise Solutions, will be made up of product managers who... Meta Platforms plans to place engineers and product managers inside large corporate...
Art via Getty Images
The Information Finance

Pre-IPO Betting Boom Hits Prediction Markets

By Yueqi Yang · May 27, 2026 8:18am PDT
Most everyday investors can’t buy shares of hot private companies like SpaceX and OpenAI before they go public. With potential mega-IPOs looming this year, prediction markets like Polymarket and Kalshi are turning that hype into tradable bets.  Users are flocking to yes-or-no bets on milestones like valuations and IPO timelines, betting... Most everyday investors can’t buy shares of hot private companies like SpaceX and OpenAI before...
Art via Getty Images
The Hot New Way to Communicate with AI? Whispering
By Stephanie Palazzolo · May 27, 2026 7:01am PDT · 3 comments
Art via Getty Images
AI Agenda

The Hot New Way to Communicate with AI? Whispering

By Stephanie Palazzolo · May 27, 2026 7:01am PDT · 3 comments
If you wander into the Manhattan office of AI startup Basis on a workday, you’ll see most of its 100 or so staffers whispering quietly into gooseneck microphones at their desks. They aren’t taking phone calls or talking with other humans at all. They’re speaking softly to their AI agents and chatbots. Such whispering has become a... If you wander into the Manhattan office of AI startup Basis on a workday, you’ll see most of its...
Anthropic CEO Dario Amodei. Photo by Andrej Sokolow/Getty Images
The Briefing

Anthropic Is Likely Generating at Least 35% More Revenue Than OpenAI

By Amir Efrati and Sri Muppidi · May 26, 2026 6:04pm PDT · 3 comments
On New Year’s Day, OpenAI leaders would have been happy to hear that the company’s monthly revenue would rise more than 50% over the first five months of 2026, roughly in line with the projections it previously shared with investors. But they’re not likely to feel that way now: That pace looks downright tame compared to that of Anthropic, whose... On New Year’s Day, OpenAI leaders would have been happy to hear that the company’s monthly...
Art by Clark Miller.
Dealmaker

Boom Times for Inference Providers?

By Laura Mandaro and Stephanie Palazzolo · May 26, 2026 5:31pm PDT · 2 comments
Less than a year ago, our reporters kept hearing doubts about a group of startups called inference providers. Companies like Fireworks, Baseten and Together AI, which rent out Nvidia servers to app developers and help them customize open-source models, had grown quickly but seemed at risk of getting steamrolled by major cloud providers that... Less than a year ago, our reporters kept hearing doubts about a group of startups called...
Dealmaker Newsletter
Reporters Cory Weinberg and Katie Roof tell you what’s coming next, who’s winning—and who’s losing—in the high-stakes world of startup investing.
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Tuhin Srivastava, CEO of Baseten. Photo via Getty Images
Exclusive

AI Inference Provider Baseten in Talks to Raise $1 Billion at $11 Billion Valuation

By Stephanie Palazzolo and Katie Roof · May 26, 2026 3:09pm PDT
AI startup Baseten has recently been in talks with investors to raise $1 billion at an $11 billion valuation including the money, according to a person with knowledge of the fundraise. That would more than double the company’s $5 billion valuation from its last round, which was announced just three months ago. The fundraising comes on the back... AI startup Baseten has recently been in talks with investors to raise $1 billion at an $11...
Uber CEO Andrew Macdonald. Photo by Zed Jameson/ Getty Images
Uber COO Says AI Lacks ROI
By Kevin McLaughlin · May 26, 2026 1:01pm PDT · 1 comment
Uber CEO Andrew Macdonald. Photo by Zed Jameson/ Getty Images
Applied AI

Uber COO Says AI Lacks ROI

By Kevin McLaughlin · May 26, 2026 1:01pm PDT · 1 comment
Many corporate leaders say they’re getting value from AI as their spending on it skyrockets, but hype is outpacing reality in plenty of cases.On a podcast over the weekend, for instance, Uber Chief Operating Officer Andrew Macdonald said the ride-hailing company isn’t seeing a clear increase in productivity from using AI coding services despite... Many corporate leaders say they’re getting value from AI as their spending on it skyrockets, but...
Photo via Getty Images
AI Agenda

OpenAI’s PR Challenge

By Stephanie Palazzolo · May 26, 2026 7:01am PDT
The battle between OpenAI, Anthropic and Google spans revenue, models, server access and research talent. But as OpenAI and Anthropic barrel toward initial public offerings, public perception is also an important factor in the race as political backlash to the industry grows.OpenAI seems particularly vulnerable in PR after a series of awkward or... The battle between OpenAI, Anthropic and Google spans revenue, models, server access and research...