Full-Time
Global social networks and advertising platform
No salary listed
Company Historically Provides H1B Sponsorship
Redmond, WA, USA
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Meta Platforms Inc. runs a family of social apps including Facebook, Instagram, and WhatsApp to help people connect, share content, and participate in online communities. It also develops virtual reality hardware and experiences through Oculus and is exploring the metaverse. Most revenue comes from advertising, with tools that let businesses target audiences using data from its large user base, plus VR product sales and digital services. The company differentiates itself by owning multiple major social platforms, offering a scalable cross-platform ad platform, and investing in VR, AR, and AI to expand digital experiences and monetization opportunities.
Company Size
10,001+
Company Stage
IPO
Headquarters
Menlo Park, California
Founded
2004
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Meta AI researcher Andrew Tulloch is leaving the company after helping launch its new open source AI models and AI assistant, Muse, announced on Tuesday. Tulloch, who joined from Thinking Machine Labs, had been working in Meta's TBD lab, which is central to chief executive officer Mark Zuckerberg's AI strategy and led by Scale AI founder Alexandr Wang. Tulloch gained attention as one of the tech industry's highest paid employees. The reason for his departure remains unclear, as does whether he plans to continue AI research at another firm. He could not immediately be reached for comment.
Meta has acquired Swedish AI startup Stilla.ai to accelerate development of Meta Business Agent, which facilitates transactions on WhatsApp, Messenger and Instagram. Stilla, founded in Stockholm in 2024, will bring its team and technology to Meta pending the close of the deal. The startup raised $5 million in pre-seed funding when it emerged from stealth mode in January. The acquisition underscores Meta's push to bring its AI technology to the commercial foundation of its messaging ecosystem. Over the past decade, Meta has worked to build a commerce engine connecting millions of small businesses to its billion-plus messaging app users. Meta has said that more than 1 million businesses now use its Business Agent chatbot to handle customer interactions.
US stock markets declined for the second consecutive session on Wednesday, with the Dow Jones Industrial Average falling 0.8%, the Nasdaq Composite down 0.7%, and the S&P 500 off 0.5% as of mid-morning trading. The drops came as Treasury yields and crude oil prices climbed simultaneously. The Treasury Department announced it would repurchase up to $6 billion of longer-dated government debt, tripling its usual operation. However, the 10-year yield still rose approximately 4 basis points to roughly 4.85%. Brent crude oil increased about 3.4% to $101.25, its first time above $101 since July, following US military strikes on Iranian oil tankers. Meta Platforms bucked the trend, rising 6.3% after launching Muse, a free AI assistant for US users. The announcement negatively impacted competitors, with Alphabet falling 2.7% and Amazon dropping 2.3%.
Meta Platforms' shares jumped roughly 5% in pre-market trading Wednesday following the company's launch of Muse, a standalone personal AI agent. Wall Street analysts view the product as tangible evidence of returns on Meta's substantial AI infrastructure investments. Analysts at Mizuho Securities and KeyBanc praised Muse's polish, functionality, and free pricing. KeyBanc maintained a $780 price target, suggesting the market underestimates Meta's AI positioning. Morgan Stanley estimates a $30 trillion total addressable market for consumer AI tasks. The firm highlighted Meta's advantages through its distribution via Facebook, Instagram, WhatsApp, and Messenger, combined with extensive consumer data. However, analysts cautioned that investors will require concrete engagement and monetisation data before significant stock revaluation, citing Meta's previous stumbles with Facebook Shopping and the Metaverse. The launch also presents competitive threats to Alphabet's search dominance.
Meta Platforms launched Muse, a personal AI agent with subscription tiers at $20 and $100 per month, sending META shares up 6% to $649.20. The product runs on Meta's Muse Spark model and can handle tasks including email, calendars, and payments through WhatsApp and a dedicated app. The launch addresses investor concerns about monetising Meta's AI investments. The company reported Q2 2026 capital expenditures of $30.1 billion and guided full-year capex to $130–145 billion. Free cash flow fell to $784 million from $8.55 billion year-on-year, whilst operating margin compressed to 31% from 43%. Alphabet shares fell 2% to $330.53 as investors view Muse as competition for Gemini. The broader market declined, with QQQ down 0.5% and SPY down 0.3%. Meta reported Q2 2026 revenue of $60.8 billion. The stock remains down 2% year-to-date.