Meta

Meta Platforms, formerly known as Facebook, is a technology conglomerate based in Menlo Park, Calif. The company owns and operates Facebook, Instagram, Threads and WhatsApp, among other products and services. Meta is one of the world’s most valuable companies and is among the 10 largest publicly traded corporations in the U.S. It is considered one of the Big Five, alongside Google parent company Alphabet, Amazon, Apple and Microsoft.

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From left to right: Jensen Huang, Sam Altman and Masayoshi Son. Photos via Getty Images.
Exclusive

OpenAI in Talks to Lease 10 Gigawatt Ohio Data Center with Backing From Nvidia

By Anissa Gardizy · Jun 9, 2026 7:07pm PDT · 1 comment
OpenAI is in advanced negotiations to lease a proposed 10 gigawatt data center campus on federal land in Ohio as part of a deal that could include financial backing from Nvidia, according to two people with direct knowledge of the discussions. The campus under discussion would be among the biggest of its kind, with a total cost of at least $500... OpenAI is in advanced negotiations to lease a proposed 10 gigawatt data center campus on federal...
OpenAI CEO Sam Altman. Nathan Posner/Anadolu via Getty Images.
The Briefing

What’s Behind OpenAI’s Hedged IPO Bet

By Martin Peers · Jun 9, 2026 5:00pm PDT
Can OpenAI do anything simply? Many companies, when publicly acknowledging the possibility of an IPO, emphasize that the final decision will depend in part on “market conditions.” That’s what OpenAI’s rival Anthropic did last week. But the ChatGPT firm chose to be more cryptic. Revealing its confidential IPO filing on Monday, OpenAI said it... Can OpenAI do anything simply? Many companies, when publicly acknowledging the possibility of an...
Photo via Zum Mobility.
Dealmaker

School Bus Startup Zum Takes Early Steps Toward IPO

By Valida Pau · Jun 9, 2026 4:00pm PDT
It may not seem like it now, as we barrel toward SpaceX’s public debut this week, but not every initial public offering will involve a $1.75 trillion rocket-ship company. Soon enough, public investors may get to judge a much more down-to-earth business: school bus fleets. Sequoia Capital-backed Zum, known for using its electric school buses to... It may not seem like it now, as we barrel toward SpaceX’s public debut this week, but not every...
Art by Clark Miller; YouTube.
Exclusive

Meta Looks to Charge Up to $200 a Month for Planned ‘Hatch’ AI Agent

By Jyoti Mann · Jun 3, 2026 3:01pm PDT · 2 comments
Meta Platforms is considering charging up to $200 a month for its planned consumer version of the OpenClaw AI agent tool, according to internal documents, an ambitious target that would rival top tier offerings from established AI giants. The product, currently called Hatch, could launch with tiered pricing including the $199.99 premium... Meta Platforms is considering charging up to $200 a month for its planned consumer version...
Art by Clark Miller
Into the Metaverse

Hands Up, This Is a (Virtual) Robbery!

By Lauren Tara LaCapra · May 6, 2023 7:00am PDT · 2 comments
Until late last year, Bank of America branch staffers would learn how to handle a potential stick-up through guidebooks and online videos. Today, tellers are immersed in a 3D virtual reality environment, in which a gunman aims a weapon at them or furtively hands them a threatening note demanding money. The bank measures tellers’ reactions... Until late last year, Bank of America branch staffers would learn how to handle a potential...