The negotiations started as just one billionaire tech founder talking to another. Meta Platforms CEO Mark Zuckerberg approached Scale AI CEO Alexandr Wang in mid-April about a potentially industry-shaking deal.

Meta Platforms Inc. keeps writing bigger checks in pursuit of its artificial intelligence strategy, and traders keep cheering it on, encouraged that the expensive bets will keep paying off.

Meta has sued the maker of a popular AI "nudify" app, Crush AI, that reportedly ran thousands of ads across its platforms.

Mark Zuckerberg is on a roll, and he’s not slowing down. Back in April, Meta Platforms ($META) delivered a blockbuster Q1, with a $42.32 billion

In addition to its AI-powered ads strategy, Meta has other bullish catalysts on its side. Take its Threads product, which competes with X (formerly known as Twitter). Meta's Threads is now attracting 320 million to 350 million monthly active users (MAUs). That's up from about 150 million a year ago.

Launched in April, the Meta AI platform offers a “discover” feed that includes user queries containing medical, legal, and other seemingly sensitive information.

Private Meta AI chats are surfacing publicly, exposing sensitive data. Experts warn of confusion, consent issues, and major privacy gaps in AI tools.

Meta Platforms (NASDAQ:META) is known as a juggernaut in the fields of social media and artificial intelligence (AI). As a dividend payer, however, Meta Platforms is nowhere near juggernaut status. It’s possible that META stock could be a high-yielding dividend stock someday.

Meta Platforms Inc. keeps writing bigger checks in pursuit of its artificial intelligence strategy, and traders keep cheering it on, encouraged that the expensive bets will keep paying off.

Meta said in a blog post that it is suing Joy Timeline HK Limited, the entity behind CrushAI apps, which allow people to create AI-generated nude or sexually explicit images of individuals without their consent.