Meta Platforms (NASDAQ: META) experienced a notable stock increase, closing up 3.9% on Monday, March 24, 2025. This surge follows reports of Meta’s discussions with India’s Reliance Industries to host Meta’s AI models in a forthcoming data center in Jamnagar, Gujarat, projected to be the world’s largest. The potential collaboration underscores Meta’s commitment to expanding its artificial intelligence footprint in the rapidly growing Indian market. Additionally, Meta reported a 22% revenue increase in 2024, reaching $164.5 billion, reflecting robust growth in its core social media business.
As of 10:28 AM EDT on March 26, 2025, Meta’s stock is trading at $614.48, reflecting a decrease of $11.83 (1.89%) from the previous close.
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About Meta Platforms Inc.
Meta Platforms Inc. is a global technology company specializing in social media and digital connectivity. Founded in 2004 and headquartered in Menlo Park, California, Meta’s platforms—including Facebook, Instagram, WhatsApp, and Messenger—connect billions of users worldwide. The company is dedicated to advancing artificial intelligence and virtual reality technologies to enhance user experiences and foster global community building.
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