AI investments echo its metaverse-era spending with high costs and vague returns. Analysts highlight risks, drawing parallels ...

In a surprising turn of events, Mark Zuckerberg, CEO of Meta, has initiated a significant downsizing of the company’s ...

Investors are counting on a big payoff from Meta's massive AI spending. For Meta investors, revenue growth is no longer the main thing to watch. Sure, in the meantime, the company is firing on all ...

On an earnings call, Zuck acknowledged that Meta’s massive AI spend might not go as intended in the near future.

Meta cuts 600 AI staff in major restructuring, with Zuckerberg reaffirming his commitment to building the world's most ...

Meta CEO Mark Zuckerberg commits $600 billion by 2028 to AI infrastructure, insisting it’s wiser to overbuild than risk ...

This call highlights a potential clash between brand equity built up over decades, and the algorithmic push for high-volume creative.

Meta's metaverse chief Vishal Shah has been yanked from virtual reality duty and thrust into the company's do-or-die AI ...

The annual revenue run rate for Meta’s AI ad infrastructure, including Advantage+, is now over $60 billion, speaking to ...

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Analysts say the glasses will be a small seller because of their high price and the uncertainty that people will want a screen on their face while in public.

SAN FRANCISCO -Soon after ChatGPT was released to the public in late 2022, OpenAI CEO Sam Altman told employees they were on ...