Meta Platforms, Inc. (formerly Facebook, Inc.) is a U.S. multinational technology conglomerate and a key player among the "Big Tech" companies. The company rebranded in October 2021 to signal a strategic pivot toward building the "metaverse"—a network of interconnected virtual and augmented reality (VR/AR) worlds.
Meta operates the world's largest social platforms and communication services, which drive the vast majority of its revenue (primarily through advertising):
Social & Messaging: Facebook, Instagram, WhatsApp, Messenger, and Threads. These platforms serve as the core financial engine.
Immersive Tech: Reality Labs is the dedicated division developing VR hardware (like Meta Quest headsets) and AR technologies to power the metaverse vision, which CEO Mark Zuckerberg sees as the successor to the mobile internet.
The company has also made a significant strategic pivot toward Generative Artificial Intelligence (AI). Leveraging its massive data and resources, Meta is integrating AI into its products, developing new creative tools and chatbots. Its substantial investment in OpenAI further bolsters its position in this rapidly evolving field. Financially, Meta remains one of the world's most valuable companies, with a market capitalization of approximately $1.50 Trillion USD (as of late 2025).
Website: meta.com
Meta YouTube Channel: https://www.youtube.com/@meta
You can learn more about the metaverse vision on the main channel in the video The Metaverse and How We'll Build It Together -- Connect 2021.
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