Meta Analysis: $35B Raised
What is Meta?
AI glasses and wearable technology retailer
Location
1 Hacker Way, Menlo Park, California 94025, United States
Employees
10001+
Founded
2004
Latest Funding Round Size
$34.7B
Market Position
Challenger
Product Features & Capabilities
- Ray-Ban Meta AI glasses
- Oakley Meta AI glasses
- display glasses
- VR headsets
How much Meta raised
Funding Round - $34.7B
RecentRecent Acquisitions
- Within Unlimited - Meta completed its acquisition of the virtual reality startup Within Unlimited in February 2023 after winning an antitrust case against the Federal Trade Commission (FTC).
- Camouflaj - In October 2022, Meta acquired the mobile games company Camouflaj for an undisclosed sum.
Awards Recognition
Meta Platforms Inc. has received notable recognitions in the AI field, including ranking eighth in the AI Research Rankings in both 2019 and 2020. This ranking reflects its significant contributions to artificial intelligence, particularly in machine learning and natural language processing. Additionally, Meta has been involved in various AI initiatives and has supported exceptional research proposals through its research awards program.
Future Outlook
Meta Platforms Inc. has expressed a positive outlook for the AI industry in 2025. CEO Mark Zuckerberg has indicated confidence in the company's AI strategy, predicting that 2025 will be a "really big year" for AI advancements. The company has made significant investments in AI infrastructure, which are expected to provide multiple growth catalysts. Analysts have noted that these investments are encouraging for Meta's stock and overall market position in the AI sector.
