Mark Zuckerberg was all-in on the metaverse last year, willing to spend whatever it took to dominate virtual reality. And it cost him, big time.
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Meta Platforms has hired an Oslo-based team that until late last year was building AI networking technology at Graphcore.
Meta Platforms is a Wall Street darling again as the company builds artificial intelligence tools and expands cost-cutting initiatives.
For more than a year, Meta has been engaged in a massive project to whip its AI infrastructure into shape.
Meta Platforms is set to commence company-wide layoffs as it works towards founder Mark Zuckerberg’s goal of greater efficiency.
A leaner Meta Platforms is impressing investors, with analysts turning bullish amid cost cuts and stabilising advertising trends.
Meta Platforms has become the first Big Tech company to announce a second round of mass layoffs as the industry braces for a deep economic downturn.
Meta Platforms is planning a fresh round of layoffs and will cut thousands of employees as soon as this week, sources said.
The chatbot battle is heating up, and Mark Zuckerberg is making it clear that Meta Platforms is focusing on artificial intelligence-powered tools, too.
Meta Platforms is testing a monthly subscription service, called Meta Verified, which will let users verify their accounts using a government ID and get a blue badge.