Meta Platforms (META, Financial) is doubling down on AI with a standalone Superintelligence Labs under Alexandr Wang, backed by a $29 billion fundraising push and green-power pacts, as shares hit fresh highs.
Meta Superintelligent Labs will be helmed by Scale AI's ex-CEO Alexandr Wang—part of a raft of talent poached from Scale, OpenAI, Anthropic and Google (GOOG, Financial).
In an internal memo, Mark Zuckerberg framed this as humanity's next frontier: building superintelligence as AI progress accelerates.
To bankroll it, Meta plans to raise $3 billion in private equity from firms like Apollo, KKR, Brookfield, Carlyle and Pimco, plus $26 billion in debt. Meanwhile, four new clean-energy agreements with Invenergy will supply 791 MW of solar and wind to its AI data centers. Meta shares have climbed to a record $747.90, marking a third straight day in the green.
Establishing a dedicated superintelligence arm and locking in both capital and clean power highlights Meta's belief that AI—not just social media—will define its future growth. By assembling top researchers and securing long-term funding, Meta aims to outpace rivals in building the next-gen AI architecture.
With Superintelligence Labs coming online, watch for early model demos and product integrations—these moves could reshape not only Meta's roadmap, but also how the industry thinks about ethical, large-scale AI development.
Meta's consensus 12-month target of $721 sits almost flat from here, but there's a huge dispersion in forecasts—bulls see Meta climbing toward $935, while bears peg it closer to $466. GuruFocus's own “GF Value” of $537.90 sits nearer the downside, suggesting upside from current levels but also signaling risk.
