For Silicon Valley giants, getting ahead in the artificial intelligence race requires more than building the biggest, most capable models; they’re also competing to get third-party developers to build new applications based on their technology.

Top members of Meta’s new Superintelligence Lab discussed pivoting away from the company’s powerful open source AI model, Behemoth, and instead developing a closed model. This would mark a major philosophical shift for Meta.

Meta Platforms has gained over 1,200% since 2012. The company is now investing heavily in artificial intelligence, bolstering our stock price predictions.

Meta Platforms, Inc. (NASDAQ: META) is one of the AI Stocks in the Spotlight Today . On July 14, Citizens JMP analyst Andrew Boone reiterated a “Market Outperform” rating on the stock with a $750.00 price target.

Meta has acquired Play AI, a startup that uses AI to generate human-sounding voices. A Meta spokesperson has confirmed the acquisition, according to Bloomberg, which also reports that an internal memo stated that the “entire PlayAI team” will be joining the company next week. (TechCrunch has also reached out to Meta for confirmation.)

"It'll be a challenge culturally for sure," Dell said of Meta's aggressive hiring of top AI talent with huge signing bonuses.

The bug was discovered by a security researcher and AppSecure founder, Sandeep Hodkasia, in late December 2024. He reported it to Meta, who deployed a fix on January 24, 2025, and paid out a $10,000 bounty for his troubles.

Meta patched a major privacy flaw in its AI chatbot that exposed user chats, rewarding the ethical hacker who discovered it.