Seedlabs
companyConsumer Internet & Digital AdvertisingUnited States

Meta

Global social media and digital advertising giant operating Facebook, Instagram, WhatsApp, and an expanding AI and hardware portfolio.

Meta Newsroom – 2024 Year in Review

Meta Platforms, Inc. was founded in 2004 as Facebook and rebranded in 2021 to reflect its broader ambitions beyond social networking. Headquartered in Menlo Park, California, the company operates a family of platforms — Facebook, Instagram, WhatsApp, Messenger, and Threads — monetized primarily through digital advertising, alongside a Reality Labs segment focused on virtual reality, smart glasses, and augmented-reality research.

At its scale, Meta is one of the largest consumer internet companies in the world. As of December 2024, its platforms reached 3.35 billion daily active people on average, with ad impressions growing 11% year-over-year. Full-year 2024 revenue reached $164.50 billion, up 22% year-over-year, against total costs of $95.12 billion.

Meta has made artificial intelligence a central strategic priority. In 2024 it launched Meta AI, an assistant built on its open-source Llama models and embedded across its apps, with nearly 600 million monthly active users. By openly releasing successive Llama model generations — Llama 2 (2023), Llama 3 (2024), and Llama 4 (2025) — Meta has positioned itself as a foundational infrastructure provider for thousands of developers and enterprises building AI-powered applications.

Innovations in AI, open-source model development, digital advertising technology, or social and messaging platforms are directly relevant to Meta given its scale of deployment, its stated goal of becoming the world's most-used AI assistant, and its continued investment in next-generation consumer hardware.

Ideas that could help Meta