Meta's $60 billion AI investment risks overspending like Reality Labs, with uncertain returns and revenue challenges. See why ...
Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on ...
The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
The inability of Meta's AI chatbot to identify the current president of the United States was elevated to urgent status by the Facebook owner this week, requiring a fast fix, a person familiar with ...
Three former engineering leaders from Alphabet Inc.’s Google, Meta Platforms Inc. and Samsung Electronics Co. have raised $10 million for a new startup focused on making artificial ...
Meta Platforms had a stellar 2024 and BofA Securities sees further upside. Analysts Justin Post and Nitin Bansal reiterated a ...
Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the ...
Venture capitalist and early Facebook investor Jim Breyer said Meta CEO Mark Zuckerberg has been energized by his company’s ...