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What happens when one of the world's richest companies decides to go all-in on AI? If you're Mark Zuckerberg, it means ...
Meta is spending aggressively on AI talent after already outlaying and committing hundreds of billions of dollars for ...
Key Points Meta Platforms is going all-in on AI.This strategy should provide the company with significant growth ...
MoffettNathanson reaffirmed its Buy rating on Meta and raised its price target from $605 to $810 per share in a note Tuesday, citing a stronger advertising outlook and weakening U.S. dollar as ...
Scale AI said it’s cutting 14% of its staff weeks after Meta invested $14.3 billion in the startup and hired a number of top ...
Scale AI is cutting 14 percent of its workforce, and will also end work with 500 global contractors, Bloomberg reported. This ...
Lord said that frontier AI labs need experts in areas like accounting, law, and medicine, as well as in STEM domains.
Meta's $15 billion investment in Scale AI and a new superintelligence lab are its attempts to jump past the efforts of Google, OpenAI, Anthropic, and others.
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts about Scale’s future.
There are no guarantees here, but Meta Platforms’ AI investments will probably yield the desired results in the long run. Still, it’s fine for the shareholders to keep tabs on Meta Platforms ...
A company has to spend a lot of money now in order to grow and succeed later on. This seems to be the philosophy of Meta Platforms (NASDAQ:META) and its chief executive, Mark Zuckerberg. You’ll ...