Why Meta Platforms matters
Meta Superintelligence Labs released Muse Spark, its first model since the June 2025 reorganization under Alexandr Wang, on April 8, 2026, and the model is closed rather than open weight. Meta's second-quarter 2026 capital spending was $31.1 billion, up from $17.0 billion a year earlier, per its July 29, 2026 report. Full-year 2026 capex guidance is $130 billion to $145 billion, most of it for AI infrastructure.
The number2026 capital spending guidance of $130 billion to $145 billion, with Q2 2026 capex of $31.1 billion (July 29, 2026)
North Carolina connection
Meta operates a data center campus in Forest City, NC.
On The Agentic 80
Listed under Frontier labs and platforms. The model makers whose agent products set the pace for everyone else.
On The All Things AI 100
Listed under Frontier labs. The companies training the largest models.
Quick answers
- What does Meta Platforms do?
- Builds Llama and Muse models and the Meta AI assistant, and runs Meta Superintelligence Labs. Meta Superintelligence Labs released Muse Spark, its first model since the June 2025 reorganization under Alexandr Wang, on April 8, 2026, and the model is closed rather than open weight.
- What AI capabilities does Meta Platforms offer?
- Meta Platforms offers the Llama family of open weight language models, which companies can download and run for chat, summarization and coding, and the closed Muse models from Meta Superintelligence Labs. Meta AI is an assistant in WhatsApp, Instagram, Facebook and Messenger for answers, drafting and image creation. For advertisers, AI features in Ads Manager generate creative variations and adjust ad delivery.
- Why is Meta Platforms on The Agentic 80?
- Meta Platforms is listed under Frontier labs and platforms. The model makers whose agent products set the pace for everyone else. 2026 capital spending guidance of $130 billion to $145 billion, with Q2 2026 capex of $31.1 billion (July 29, 2026).
- Why is Meta Platforms on The All Things AI 100?
- Meta Platforms is listed under Frontier labs. The companies training the largest models. 2026 capital spending guidance of $130 billion to $145 billion, with Q2 2026 capex of $31.1 billion (July 29, 2026).
- Where is Meta Platforms based, and who owns it?
- Meta Platforms is based in Menlo Park, CA, was founded in 2004 and is public (NASDAQ: META).