Meta Platforms

Meta's 'Year of Efficiency' in 2023 slashed 21,000 jobs and revived investor confidence, with the stock rising 200% to reclaim a $1.5 trillion market cap by 2025. The company's family of apps — Facebook, Instagram, WhatsApp, and Threads — now reaches 3.3 billion daily active users, the largest connected audience in human history. Meta AI, built on the open-source Llama model family, became one of the world's most widely used AI assistants in 2025, integrated across all Meta surfaces. The company is spending $50B+ annually on AI infrastructure and the metaverse bet through Reality Labs remains long-term and loss-making at $16B/year.