Meta Platforms stock surged 3.9% on talks with Indian conglomerate to expand AI presence

From Nasdaq: 2025-03-24 17:40:00

Shares of Meta Platforms (NASDAQ: META) rose 3.9% on Monday, outperforming the S&P 500 and Nasdaq Composite. Meta is in talks with a major Indian conglomerate to expand its AI presence in India, potentially hosting AI models in the world’s largest data center in Gujarat. Meta’s core business is strong, with record revenue in 2024.

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