Meta Platforms (Facebook) Aktie News

The company has poached several AI researchers from OpenAI after investing in AI startup Scale AI and hiring its chief executive

Meta boss Mark Zuckerberg on Monday unveiled a restructuring of the company's artificial intelligence team as it pursues what he dubbed “superintelligence” – and Wall Street cheered by sending the company's stock to an all-time high.

Meta CEO Mark Zuckerberg has reorganized the company's artificial intelligence efforts under a new division called Meta Superintelligence Labs, according to a source on Monday.

Alexandr Wang will be the chief AI officer, and Nat Friedman will lead the company's work on AI products.

Meta Platforms Inc (NASDAQ:META) stock hit a record high of $747.90 today, after news that the tech giant ramped up its artificial intelligence (AI) efforts.

Meta shares hit a record high on Monday, underscoring investor interest in the company's new AI superintelligence group. The company's shares reached $747.90 during midday trading, topping Meta's previous stock market record in February when it began laying off the 5% of its workforce that it deemed "low performers.

Meta CEO Mark Zuckerberg is restructuring the company's AI efforts to center around building  AI “superintelligence.”