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BusinessTechnology182 words1 min read

Zuckerberg's Fortune Jumps $25 Billion in One Day

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Mark Zuckerberg is the boss of Meta. Meta owns Facebook and Instagram.

Zuckerberg got $25 billion more money in one day. This made his fortune much bigger.

The money came because Meta shares went up. Shares are small parts of a company that people can buy.

Meta made a new AI app called Muse. AI means a computer that can think and learn like a person.

Muse became the top app in the US App Store. The App Store is a place where people get apps for their phones.

People liked Muse very much. This made Meta shares go up fast.

The news also helped chip companies in Korea. Chips are small parts inside computers.

Korean chip companies make parts for AI computers. When AI does well, these companies do well too.

Zuckerberg wants to build very smart AI. This is called superintelligence. It means AI that is smarter than humans.

His plan for smart AI is working well. Investors like his plan a lot.

Now Zuckerberg is much richer than before. His company is also doing very well.

Vocabulary15 words

billion
a very big number; 1,000 million
fortune
a very large amount of money
shares
small parts of a company you can buy
AI
a computer that can think like a person
App Store
a place to get apps for your phone
Korea
a country in Asia known for making computer parts
superintelligence
AI that is smarter than any person
chip
a small computer part inside machines
investor
a person who puts money into a company
boss
the main person who runs a company
app
a small program for your phone
company
a business that makes or sells things
money
what people use to buy things
top
the best or the first
plan
an idea for what to do

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Quiz

1. Who added $25 billion to his fortune?
2. What is Muse?
3. Which country's chip stocks also gained?

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Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

Mark Zuckerberg is the boss of _____. Meta owns Facebook and Instagram.

Zuckerberg got $25 billion more _____ in one day.

The money came because Meta _____ went up.

Meta made a new AI app called _____.

Muse became the top app in the US _____.

The news also helped chip companies in _____.

Korean chip companies make parts for _____ computers.

Zuckerberg wants to build very smart AI, called _____.

His plan for smart AI is working well. _____ like his plan a lot.

Now Zuckerberg is much _____ than before.

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