Meta

Quick read

Meta Platforms, Inc., founded in 2004, is headquartered in Menlo Park, California. It operates Facebook, Instagram, WhatsApp, and Threads, generating the bulk of revenue through digital advertising across those platforms. In 2026, Meta is aggressively pivoting toward AI—nearly doubling AI capex, building its own frontier models under the Meta Superintelligence brand, and restructuring its workforce to fund that shift.

Key facts

Founded

2004

Founders

Mark Zuckerberg

Employees

67320

Sectors

consumer, ai, saas, hardware

Website

meta.com

Mission

Meta's mission is to build the future of human connection and the technology that makes it possible—currently centering that bet on AI agents, frontier model development, and AR/VR hardware.

Recent activity

• Jun 2026product
  Meta launched an AI agent for businesses at its Conversations conference in London on June 3. The agent handles customer questions, appointment booking, and sales. Zuckerberg said it will eventually run entire business operations, signaling a push beyond advertising revenue. x.com
• Jun 2026product
  Meta introduced Muse Spark, described as its most powerful AI model to date. It now powers the Meta AI app and website, with a broader rollout underway. x.com
• May 2026press
  Allianz Global Investors pre-announced it will vote in favour of two shareholder proposals at Meta's 2026 AGM targeting the dual-class share structure, under which Class B shares held by the founder and CEO carry ten times the voting power of Class A shares. AllianzGI cited governance concerns and persistently high controversy levels. linkedin.com
• May 2026investment
  Business Insider reported that Meta employees were in layoff uncertainty, with the company simultaneously forecasting 2026 capital expenditure of $115–135 billion to compete in AI. Meta also acquired Scale AI CEO Alexandr Wang as part of its talent strategy. businessinsider.com
• May 2026leadership
  Meta hired Jim Shepherd, formerly Snap's director of global content partnerships, to support its AI device push. Shepherd previously led celebrity relations and editorial strategy at Snap. socialmediatoday.com
• May 2026product
  Zuckerberg teased new smart glasses on Instagram ahead of Meta Connect 2026, scheduled at Meta's Menlo Park campus. The event will cover VR, wearables, and AI hardware. metacareers.com
• May 2026press
  Meta announced its 2026 Data Center Community Action Grant recipients — 328 projects across 27 regions, including seven communities receiving grants for the first time. Total grant funding since 2011 surpassed $94 million across 3,700 projects globally. linkedin.com
• May 2026press
  Meta detailed a May 20 restructuring in an internal memo, cutting roughly 16,000 employees globally to free up capital for AI infrastructure and agent-focused products. Zuckerberg said he does not expect further company-wide layoffs in 2026. reuters.com
• Apr 2026product
  Meta Superintelligence launched Muse Spark, its first AI model under chief AI scientist Alexandr Wang. Meta says the model narrows the performance gap with OpenAI and Anthropic. axios.com
• Apr 2026product
  Meta announced it would open-source versions of its next generation of AI models, with Alexandr Wang confirming the releases were imminent. axios.com
• Apr 2026leadership
  Meta quietly hired two additional founding members from Mira Murati's Thinking Machines Lab, continuing a pattern of pulling top AI talent from the high-profile startup. businessinsider.com
• Jan 2026press
  Meta announced plans to nearly double its AI capital spending in 2026, with total infrastructure investment reportedly targeting $115B. linkedin.com

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

• Mark Zuckerberg · CEO & Founder
  Brief →
• Susan Li · CFO
• Javier Olivan · COO
• Hock Tan · Board Member
• Tony Xu · Board Member
• Peggy Alford · Board Member
• Robert M. Kimmitt · Board Member
• Andrew Bosworth · CTO
  Brief →
• Susan Li Meta CFO · CFO
  Brief →
• Yann LeCun · Chief AI Scientist at Meta
  Brief →
• Chris Cox · Chief Product Officer
• Nick Clegg · former President of Global Affairs
• Joel Kaplan · President of Global Affairs

Sources

• Meta lays out details of May 20 restructuring in internal document
• Meta debuts Muse Spark, first AI model under Alexandr Wang
• Scoop: Meta to open source versions of its next AI models
• Meta quietly hired two more founding members from Mira Murati's Thinking Machines Lab
• Meta Is Getting Blunt About Cutting Workers to Fund Other Spending
• Meta CEO tells employees he does not expect more company-wide layoffs this year
• Meta Superintelligence launches Muse Spark AI model
• https://x.com/MeghanBobrowsky/status/2062176258679832584
• https://x.com/meta?lang=en
• https://www.linkedin.com/posts/allianz-global-investors_stewardship-engagement-activity-7463491369920036864-6i2r?utm_source=social_share_send&utm_medium=member_desktop_web&rcm=ACoAAGmY1DgB6_IH9U030JoSJlzUP4ay9RIBex0
• https://www.businessinsider.com/meta-layoffs-may-limbo-reckoning-ai-jobs-2026-5
• https://www.socialmediatoday.com/news/meta-hires-snap-director-of-global-content-partnerships/821672/
• https://www.metacareers.com/
• https://www.linkedin.com/company/meta

Other companies in United States

• OpenAI · AI lab, San Francisco·
• Anthropic · AI safety lab, San Francisco·
• Stripe · Payments infrastructure, San Francisco·
• Microsoft · Big tech, Redmond·
• NVIDIA · AI hardware, Santa Clara·
• Databricks · Data + AI platform, San Francisco

Frequently asked