Meta Platforms Inc (Meta), formerly Facebook Inc, is an online social media and social networking service, provider. The company, through its major products Facebook, Instagram, Messenger, and WhatsApp, connects people with their friends and families the world over and helps them discover new products and services from local and global businesses.

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Meta's R&D activities focus on new and emerging technologies as augmented reality and virtual reality (AR/VR), artificial intelligence (AI), and machine learning (ML). The R&D arm aims on exploring new technologies such as neural interfaces using electromyography, which lets people control their devices using neuromuscular signals, as well as innovations in AI and hardware to help build next-generation interfaces. It also intends to develop early metaverse experiences through Reality Labs augmented and virtual reality products that help people feel connected, anytime, anywhere. In FY2023, the company incurred expenses of US$38,483 million on R&D, which as a percentage of revenue, stood at 28.5%.