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META  
Last Price $559.02
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  • Meta Platforms has hired former OpenAI researcher Luke Metz to join its Superintelligence Labs unit, where he will report directly to Alexandr Wang, who leads the company’s AI development efforts.
  • This hire adds another experienced AI researcher to Meta’s internal team and fits with its wider recruitment drive across the technology sector, alongside initiatives such as collaborating with Broadcom and others on AI chips for data center workloads.
  • Meta Platforms shares trade at US$549.90, with the stock down 15.5% year to date.

The Metz appointment points to Meta Platforms continuing to invest heavily in in-house AI expertise at both the software and hardware levels. That combination of talent and custom chip work concentrates more execution risk and opportunity inside the company rather than relying solely on external suppliers.

 
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