Meta is planning capital expenditure of up to $135 billion in AI-related costs in 2026, which raised investors' fears around ...
Meta Platforms shares rose nearly 3% on Monday after a Reuters report that the social media giant plans to lay off 20% or more of its workforce to offset heavy spending on artificial intelligence ...
Meta is seeking to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers.
Meta plans potential layoffs as AI investments rise, with up to 16,000 jobs at risk. AI spending demands cost cuts across Big Tech.
Layoffs could be a sign Meta still has fat to cut — or could signal a bigger AI transformation is underway.
In early 2022, Meta (NASDAQ: META) quietly shut down one of its most ambitious financial experiments. Meta was exploring a stablecoin project called "Diem," a rebranded version of its original Libra ...
Meta is set to release its first smartwatch this year featuring health-tracking and built-in Meta AI, reports The Information. The smartwatch, which would compete directly with Apple Watch and other ...
Mark Zuckerberg’s Meta is reviving its plan to release a smartwatch (codenamed “Malibu 2”), with a targeted launch later this year. According to a new report from The Information (vie Reuters), Meta’s ...
Meta is on track to deploy millions of Nvidia's chips in its AI data centers this year, which is good news for infrastructure stocks. Analysts already anticipate an exponential increase in ...
Meta CEO Mark Zuckerberg faced questioning in a Los Angeles courtroom on Wednesday about Instagram's under-13 users and Meta's efforts to boost engagement, as a trial examines whether the company ...
Water was restored to homes and businesses around 2 a.m. Tuesday, according to the Schuylkill County Municipal Authority. Crews are working to repair a broken water main in one part of Schuylkill ...
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