NasdaqGS:METAInteractive Media and Services
Meta Platforms (NasdaqGS:META) Eyes US$14 Billion AI Investment and Expands Geothermal Power
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. Over the last quarter, Meta's stock increased by 14%, a move possibly fortified by these strategic endeavors amid a market environment that saw broader gains. Despite market volatility due to geopolitical tensions, Meta's focus on AI and renewable...