Meta Platforms Inc (Meta) is a provider of online social media and social networking services. The company creates platforms for social interaction, investing in artificial intelligence, and developing new computing platforms. It operates in the social media and technology industries, focusing on developing experiences through augmented, mixed, and virtual reality.

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Meta's R&D activities focus on long-term, new and emerging technologies, particularly in the areas of artificial intelligence (AI), and hardware for next-generation interfaces. The company's R&D initiatives include exploring technologies such as neural interfaces using electromyography, artificial intelligence (AI) and hardware innovations for next generation interfaces and developing early metaverse and wearables products. The company is also investing in AI initiatives, including generative AI, to enhance product features, advertising tools, and to foster collaboration within the tech community through open-source innovation. Its Reality Labs focuses on developing new technologies and products, including virtual reality (VR), mixed reality (MR), and augmented reality (AR) devices and AI-enabled offerings. The company had 30 data center locations globally. In FY2025, the company incurred expenses of US$57,372 million on R&D, which as a percentage of revenue, stood at 29%.