Meta Platforms Is Investing Tons of Money in This Technology, and It Is Not the Metaverse

By Jose Najarro – Jul 8, 2022 at 8:00AM

NASDAQ: META

Meta Platforms

Market Cap

$1,279B

Today's Change

(1.54%) $7.63

Current Price

$501.80

Price as of April 18, 2024, 4:00 p.m. ET

Competition is heating up in the advertising market.

Today's video focuses on Meta Platforms (META 1.54%) and its investment push to improve its artificial intelligence technology. The main reason for this push is to create a discovery engine that can help against TikTok's competition. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of July 7, 2022. The video was published on July 7, 2022.

Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Jose Najarro has positions in Meta Platforms, Inc. The Motley Fool has positions in and recommends Meta Platforms, Inc. The Motley Fool has a disclosure policy.