meta
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Meta starts eliminating jobs in shift to find AI talent
The latest wave of firings are expected to be completed by the end of the performance cycle that goes to February META Platforms began notifying staff of job cuts on…
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Meta posts longest rally since 2015 as Wall Street cheers AI bet
Meta Platforms shares posted their longest streak of daily gains in almost a decade, with its latest earnings report adding to investor confidence about its strategy with artificial intelligence (AI).…
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OpenAI Targets $340B Valuation In New Funding Round
As competition in the generative artificial intelligence (AI) sector heats up, OpenAI is in talks to raise up to $40 billion in a new funding round, potentially increasing the company’s…
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Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
DAYS after Chinese upstart DeepSeek revealed a breakthrough in cheap artificial intelligence (AI) computing that shook the US technology industry, the chief executives of Microsoft and Meta defended massive spending…
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Alibaba touts new AI model superior to DeepSeek and Meta
ALIBABA Group Holding published benchmark scores and touted what it called world-leading performance with its new artificial intelligence (AI) model release. The upgraded Qwen 2.5 Max edition scored better than…
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Meta warns first-quarter revenue will miss Wall St expectations
META Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday (Jan 29) but the company predicted sales in the current first quarter may not meet forecasts, sending mixed signals about…
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Meta warns first-quarter revenue will miss Wall Street expectations
META Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday (Jan 29) but the company predicted sales in the current first quarter may not meet forecasts, sending mixed signals about…
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2025 Layoffs: Meta, Microsoft, And BlackRock Join The Trend Amid AI Shift
As artificial intelligence (AI) continues to transform industries, a recent survey by the World Economic Forum (WEF) found that 41% of companies globally anticipate reducing their workforces over the next…
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Meta Is Planning a Data Center That Is So Large It Would Cover Half Of Manhattan
Meta CEO Mark Zuckerberg said the tech company is building a data center that would “cover a significant part of Manhattan.” Meta/Facebook Meta CEO Mark Zuckerberg said the tech company…
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Meta Profits From Known Pro-Russian Disinfo Network: Researchers
Social media giant Meta made hundreds of thousands of dollars last year from content posted by a well-known pro-Russian disinformation network, researchers have claimed. Tens of thousands of Facebook users…
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Meta to spend up to US$65 billion this year to power AI goals, Zuckerberg says – The Business Times
META Platforms plans to spend between US$60 billion and US$65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said on Friday (Jan 24), joining a wave of…
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Meta Guru Urges Europe To Gamble More On AI
Europe should take greater risks and plough more money into artificial intelligence, Meta’s chief AI scientist Yann LeCun told AFP at the World Economic Forum. Widely viewed as one of…
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Meta, WhatsApp win relief as India tribunal suspends data sharing ban – The Business Times
AN INDIAN tribunal temporarily suspended a five-year data sharing ban between WhatsApp and owner Meta Platforms, a major relief for the US giant which had warned its advertising business will…
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Databricks caps US$15 billion fundraise with Meta as new investor – The Business Times
DATABRICKS, one of the world’s most valuable privately held tech companies, said on Wednesday (Jan 23) that it has raised more than US$15 billion from companies including Facebook owner Meta…
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NCLAT Halts CCI’s WhatsApp Ban, Meta to Pay Half Fine
NCLAT stays CCI ban on WhatsApp, asks Meta to pay half the Rs 213 crore fineIANS National Company Law Appellate Tribunal (NCLAT) has put a stay on the five-year ban…
