Meta plans targeted layoffs across Reality Labs, social media, recruiting, and sales to offset rising AI investment costs, affecting a small portion of its workforce amid high expenses forecasted for…
Meta shifts focus from VR metaverse to AI-driven mobile experiences, closing Horizon Worlds on Quest and cutting 1,000 Reality Labs jobs, signaling a strategic pivot toward AI and wearable tech like …
Meta shares rise over 2% amid reports of planned large AI-related layoffs to boost efficiency despite Middle East tensions and elevated crude prices limiting risk appetite.
Meta's new AI lab, formed last year, has produced promising internal models despite criticism of Llama 4, signaling potential growth as AI development advances through 2025.
Meta focuses on wearable technology as its key advantage in building personal superintelligence, despite its Llama AI models currently lagging behind competitors, with plans to catch up within the ye…
Meta cuts 10% of its VR workforce to refocus on AI initiatives, delaying some VR product rollouts while investing $70 billion in AI infrastructure and talent through 2024 and beyond.
Meta plans to cut 10% of staff from its Reality Labs metaverse division to focus more on AI, reallocating funds toward wearables after heavy losses totaling $70 billion since 2020.
Meta Platforms acquired AI startup Manus, integrating advanced Asian-developed AI models to expand its AI offerings and scale services for businesses, reinforcing its AI leadership and revenue growth…
Major cloud providers Google, Microsoft, Amazon, and Meta are massively increasing AI infrastructure spending, risking profitability if end-user adoption lags. 2026 is a critical year to prove sustai…
President Trump's AI executive order unifies US regulations, easing regulatory burdens for big tech firms including Google, Microsoft, and Meta, supporting accelerated AI development and reducing unc…
Meta's AI pioneer Yann LeCun is leaving to start a new AI firm focused on physical world modeling, diverging from Meta's text-based AI approach, highlighting new robotics and industrial automation op…
Meta plans up to 30% budget cuts for its metaverse division while reallocating resources to AI and smart wearables, reflecting a strategic pivot toward AI-driven growth amid slow metaverse adoption.
Pinterest's weak guidance contrasts with strong ad revenue growth from Google and Meta, driven by robust holiday season marketing and AI tools, though tariff pressures weigh on US retailers' ad budge…
Meta is cutting 600 AI roles to streamline its Superintelligence Labs, funded by a $27B Blue Owl Capital deal, aiming to advance AI projects while optimizing costs and structure.
Citi and other analysts maintain bullish ratings on Meta, highlighting strong ad revenue growth, AI integration, robust profit margins, and expansion into video content, supporting near-term upside a…