Meta Platforms has hired Apple AI researchers Mark Lee and Tom Gunter for its Superintelligence Labs team, Bloomberg news reported on Thursday, citing people familiar with the matter.

Analysts are in love with Meta's aggressive growth strategy in recent years and believe it can keep performing.

Meta is making massive AI investments, aiming to become a leading AI powerhouse and compete with OpenAI and other peers. Read more on META stock here.

Meta Platforms, Inc. (NASDAQ: META) is one of the AI Stocks Gaining Attention on Wall Street. On July 15, BofA Securities analyst Justin Post raised the price target on the stock to $775.00 (from $765.00) while maintaining a “Buy” rating.

Artificial intelligence is extremely important to the future of Meta Platforms, and the potential impact of the technology still seems to be underappreciated by the market. Meta's stock price is attractive, and it would be a buy whether it made the move to invest in Scale AI or not.

Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI data centers for superintelligence, intensifying his pursuit of a technology he has chased with a talent war for top engineers.

Given the company’s popularity among hedge funds and the bullish sentiment surrounding it, Meta Platforms, Inc. (NASDAQ:META) makes it to our list of the Top 10 AI Infrastructure Stocks to Buy Now. Reported on July 11,

Sumitomo Mitsui DS Asset Management bought 12,468 shares of Meta Platforms, totaling $7.7 million. The trade represents 0.07% of 13F reportable AUM. Its now 331,918 shares are valued at $245 million as of July 10,

Mixed options sentiment in Meta Platforms (Facebook) (META), with shares down $5.51 near $704.88. Options volume roughly in line with average with

Faulty auto-translation of Kannada content on Meta platforms is distorting facts and misleading users. My media advisor has formally written to Meta urging immediate correction,” Siddaramaiah posted on ‘X’.

Connor Hayes has been chosen to helm Meta Platforms' (META) text-based social media app Threads, Axios reported on Thursday.