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Meta posts strong Q2 growth with 22% revenue rise & AI-driven ad success. Discover how $100B in AI investment shapes its ...
Meta faces risks from AI investments, regulations, and Reality Labs spending, posing challenges to margins and growth. Learn ...
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said Wednesday in its second-quarter earnings report that it plans to more than ...
Following Meta's strategic investment, Scale AI is laying off 14% of its workforce.
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
Meta Platforms is offering nine-figure deals to attract top AI talent; Tesla CEO Elon Musk remains unimpressed by the ...
Meta now reaches nearly 3.5 billion users across Facebook, Instagram and other apps. And Mark Zuckerberg says the company's mission is to bring AI "personal superintelligence" to all of them.
Meta's closest competitor in digital advertising is Alphabet, which, as the parent of Google Search, is the biggest digital ...
In a major signal of intent, Meta invested $14.3 billion in Scale AI and has reportedly poached top talent from Apple, OpenAI and Anthropic to join the effort.
Meta is also in advanced talks to invest more than $10 billion in Scale AI, according to a report from Bloomberg. Scale AI declined to comment. Meta did not respond to CNBC's request for comment.
Scale AI says rapid hiring for its Generative AI division led to bloat and losses. It's now refocusing on other areas.
Hours before Meta’s earnings call, CEO Mark Zuckerberg shared his vision for the future of AI: personalized super-smart AI ...