Meta's $5.71 Billion Trading Volume Ranks Eighth as it Ventures into Military Defense with Anduril Industries

Generated by AI AgentAinvest Volume Radar
Thursday, May 29, 2025 8:00 pm ET1min read
META--

On May 29, 2025, Meta's trading volume reached $5.71 billion, ranking eighth in the day's stock market. MetaMETA-- (META) rose 0.23%, marking its third consecutive day of gains, with a total increase of 2.87% over the past three days.

Meta is expanding its horizons beyond social media platforms and AR headsets, venturing into the military-industrial complex. The company has announced a partnership with Anduril Industries to develop new defense products that leverage AI and augmented reality. This collaboration aims to create integrated XR products that enhance soldiers' perception and provide real-time combat intelligence.

Meta and Anduril have jointly submitted a bid for the Army's SBMC Next contract, formerly known as IVAS Next. The companies are also developing EagleEye, a headset system designed to enhance soldiers' vision and hearing. This partnership marks a significant step for Meta into national defense work, aligning more closely with the government's defense priorities.

Meta's CEO, Mark Zuckerberg, highlighted the company's decade-long investment in AI and AR technologies, positioning them as the computing platform of the future. The collaboration with Anduril is seen as a critical use of dual-use technology for national defense, potentially saving the military billions by repurposing advanced commercial tech for defense purposes.

This partnership also signifies a reunion between Zuckerberg and Palmer Luckey, the founder of Anduril, who sold Oculus to Meta in 2014. The collaboration is part of Meta's broader strategy to position its AI and AR tools as essential to U.S. global competitiveness, countering China's tech ambitions and aligning with defense agencies' efforts.

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