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Meta's $7.864 Billion Trading Volume Lands Eighth in Market as AI Acquisition Spree Continues
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 24, 2025 8:00 pm ET1min read
On June 24, 2025, Meta's trading volume reached $7.864 billion, ranking eighth in the day's stock market.
(META) rose by 1.95%, marking two consecutive days of gains, with a total increase of 4.37% over the past two days.Meta has been actively exploring potential acquisitions in the AI sector. The company reportedly held discussions to acquire AI startup Runway before finalizing its significant investment in Scale AI. This move aligns with Meta's broader strategy to enhance its AI capabilities and stay competitive in the rapidly evolving tech landscape.
In addition to Runway, Meta has also shown interest in acquiring Perplexity AI, a leading AI startup known for its advanced search capabilities. Reports indicate that Meta approached Perplexity about a potential takeover before ultimately investing $14.3 billion in Scale AI. This interest in Perplexity highlights Meta's aggressive approach to recruiting top AI talent and securing cutting-edge technology.
Meta's CEO, Mark Zuckerberg, has been personally involved in these acquisition efforts, demonstrating a highly aggressive and personal approach to talent recruitment. This strategy underscores Meta's commitment to staying at the forefront of AI innovation and maintaining its competitive edge in the tech industry.
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