Meta Platforms(META) The Motley Fool·2025-03-24 21:40Group 1 - Meta Platforms' shares increased by 3.9% on Monday, with a peak gain of 4.4% earlier in the day, coinciding with gains in the S&P 500 and Nasdaq Composite [1] - The company is in discussions with Reliance Industries to enhance its artificial intelligence (AI) capabilities in India, which is a rapidly developing market [2] - The partnership would involve hosting Meta's AI models in a new data center being built by Reliance in Jamnagar, Gujarat, which is set to be the largest AI data center in the world [2] Group 2 - Meta's core business is thriving, with record revenue of $164.5 billion in 2024, reflecting a 22% increase from 2023 [3] - The company's strong social media presence supports its growth, and it maintains a price-to-earnings ratio (P/E) of 25.7, indicating that its stock is well-priced [3]