Meta’s spending is hard to rationalize, some analysts say, as it’s uncertain whether heavy investments into the metaverse ...
Social media giant Meta Platforms will raise up to $30 billion in its biggest bond offering ever, it said in a filing on ...
Your Meta -owned feeds — Instagram and Facebook, notably — may soon feature even more content generated by artificial ...
Meta and Microsoft said they planned to spend even more on AI in 2026, and fears of a bubble keep mounting.
Microsoft, Meta and Alphabet recently reported their quarterly earnings and one thing is certain: the jaw-dropping ...
On Wednesday, Alphabet and Microsoft also signaled higher AI investments. OpenAI CEO Sam Altman on Tuesday said he would ...
Mark Zuckerberg pledged that Meta Platforms Inc. will spend even more aggressively on artificial intelligence in the year ...
Meta has laid off 600 employees in its AI unit as it restructures operations and consolidates leadership under Wang Jian to ...
Three of the biggest US tech companies reported record profits and record infrastructure spending on Wednesday, fueling ...
Meta Platforms stock was down more than 8% in after-hours trading following a mixed earnings report from the Facebook parent.
Some companies, like Nvidia, are viewed as AI winners by Wall Street. Others, like Apple, have been deemed AI laggards. But ...
Meta CEO Mark Zuckerberg said the company’s massive investment in AI research will “enable new technological capabilities to ...