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  1. Feb 16, 2024 · Meta generated a notable 134.9 billion U.S. dollars in annual revenue in 2023, the company’s highest ever reported revenue, up from 116 billion U.S. dollars for the fiscal year 2022.

  2. Meta Platforms, Inc., [10] doing business as Meta, [11] and formerly named Facebook, Inc., and TheFacebook, Inc., [12] [13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [14]

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  4. Mar 19, 2024 · Meta has stayed true to its open-source approach to AI, even as most foundation model developers become more secretive about their work. LeCun has said that AI models can be developed more quickly ...

  5. Feb 1, 2024 · Updated 2:58 PM PDT, February 1, 2024. Meta Platforms Inc. tripled its profit and posted sharply higher revenue in the final quarter of 2023, boosted by a rebound in digital advertising as well cost cutting and layoffs in what CEO Mark Zuckerberg called the “year of efficiency.”. “The company can talk all it wants to about AI and the ...

  6. Apr 8, 2024 · As of this writing, Apple has a market cap of $2.6 trillion, making it America's second-largest company, behind only Microsoft. Meta Platforms' market cap is roughly half that -- $1.3 trillion.

  7. The company engages in the development of social media applications for people to connect ... Meta Platforms Company Stats. As of April 2024 ... Billy Joel’s birthday on May 9 is a big one since ...

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  8. Apr 26, 2024 · The Big Number: $40 Billion. Marie Solis Reporting on the business news of the week. Meta has already spent billions on developing artificial intelligence. On Wednesday, the company said it would ...

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