Meta is pouring unprecedented sums into the physical backbone of artificial intelligence, turning what began as a social ...
Meta has put the brakes on its virtual reality push, causing worry among developers who built their careers around the technology that once seemed central to the company’s future plans. The social ...
A tangible sign of Meta's shifting priorities emerged last week with reported layoffs of about 1,000 employees in its Reality Labs division, equating to roughly 10% of that unit's workforce. Teams ...
Meta Platforms Inc. is launching a new infrastructure division called Meta Compute that will be tasked with overseeing its aggressive data center buildout for artificial intelligence.
Meta Platforms' AI labs have internally delivered high-profile AI models. CTO Andrew Bosworth unveiled this at Davos. These ...
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised ...
Meta Platforms Inc. today pledged to invest $600 billion in the U.S. as part of its artificial intelligence push. The company plans to spend the capital over three years. It will invest in new AI data ...
(Bloomberg/Kurt Wagner) — Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the ...
Meta Platforms, Inc., is a Buy after a 20% pullback: accelerating ad revenue supports AI capex, with FCF upside as spending falls. Click for this META update.
Meta Platforms (META) plans to begin including how its employees utilize artificial intelligence to improve their performance when it conducts annual reviews, starting next year, according to Business ...
(Bloomberg/Kurt Wagner) — Meta Platforms Inc. plans to cut 10% of jobs in the company’s Reality Labs division, part of a broader strategy to shift money away from some virtual reality products and ...