Meta Platforms, formerly Facebook, is a technology company focused on advertising, with ads accounting for about 99% of revenue. It also develops virtual and mixed reality (VR/MR) technologies for education, including Meta for Education, offering immersive VR experiences in classrooms. Meta also produces Ray-Ban smart glasses, selling over 700,000 pairs in one year. The company has invested in the metaverse and is exploring AI integration with VR/MR.