In a surprising turn of events, Mark Zuckerberg, CEO of Meta, has initiated a significant downsizing of the company’s ...
Meta cuts 600 AI staff in major restructuring, with Zuckerberg reaffirming his commitment to building the world's most ...
On an earnings call, Zuck acknowledged that Meta’s massive AI spend might not go as intended in the near future.
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 ...
Meta CEO Mark Zuckerberg commits $600 billion by 2028 to AI infrastructure, insisting it’s wiser to overbuild than risk ...
Zuckerberg's hefty investment in AI raises eyebrows among investors as Meta plans to spend up to $72 billion this year, sparking concerns over profitability, stock declines, and the potential AI ...
Meta Platforms has launched its first consumer-ready smart glasses with a built-in display, furthering its commitment to wearable artificial intelligence technology. The Meta Ray-Ban Display glasses, ...
Meta's $70B AI gamble sparks investor panic as shares plunge 11%, wiping $29B from Mark Zuckerberg's fortune overnight amid Wall Street shock.
This call highlights a potential clash between brand equity built up over decades, and the algorithmic push for high-volume creative.
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.
Earnings fell significantly below Wall Street’s expectations, though Meta said it would have exceeded projections before the ...
New York (CNN) — Meta CEO Mark Zuckerberg made a bold claim on the social media giant’s earnings call in July. People without smart glasses may one day be at a “significant cognitive disadvantage” ...