Members of the "Magnificent Seven" group of megacap stocks in particular will be in the spotlight as they provide updates on AI capital expenditures and monetization. Meta Platforms Inc. (META), ...

Meta is on pace to spend about $70 billion this year on new AI data centers. CEO Zuckerberg is pursuing creative ways to fund ...

The landscape has suddenly gotten a lot, lot, lot more complicated” for tech stocks going forward, Lisa Shalett says.

We asked several AB equity portfolio managers to share their thoughts and investing perspectives on the sustainability of ...

For a large portion of this year, Mark Zuckerberg recruited staff members from competing tech firms including OpenAI, Apple, ...

Superintelligence Labs kicks off a major restructuring under new leadership. Will it yield anything more interesting than the ...

Meta has laid off 600 engineers from its AI division as part of a major restructuring aimed at streamlining operations.

OpenAI co-founder Sam Altman, Meta CEO Mark Zuckerberg, and Federal Reserve Chairman Jerome Powell have joined the chorus of those talking about an AI bubble and expressing concern about the potential ...

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Meta is cutting about 600 positions from its superintelligence lab, according to an internal memo from chief AI officer ...

Tech giant Meta is cutting 600 jobs in its artificial intelligence division. According to Axios, which first broke the story, ...