Meta (META) on Wednesday said it is breaking ground on its latest data center as part of its massive AI infrastructure build-out. The more than $10 billion data center will be located in Lebanon, Ind.
SAN FRANCISCO — Meta has loaded $65 million into two super PACs to help elect state candidates it views as supportive of the AI and tech industry in California. The two efforts — the American ...
Meta Platforms plans to spend $115 billion-$135 billion on capital expenditures this year, much of which will go to AI. It's the clearest signal from a hyperscaler this year that the AI boom will ...
Meta Platforms beat Wall Street estimates across metrics, showing how its AI efforts are paying off; it also guided some first quarter metrics above consensus expectations. The news fired up investors ...
Meta plans a massive $135 billion AI investment by 2026, pivoting from its nearly $80 billion in Metaverse losses to bolster its core advertising business. Unlike the failed Metaverse, AI is already ...
Meta (META) stock climbed early on Thursday after its fourth quarter earnings topped analysts' expectations on the top and bottom lines. The company also provided its 2026 capital expenditures ...
Meta reported fourth-quarter earnings on Wednesday that topped estimates and issued stronger-than-expected sales guidance. The stock popped as much as 10% in after-hours trading. Meta said it expects ...
After years of failing to produce a profitable augmented reality platform, Mark Zuckerberg’s Meta is pounding one of the final nails into the coffin of its metaverse efforts — the ones that were once ...
Meta has stopped developing new content and features for its acclaimed Supernatural VR fitness app, even as the service remains online for existing subscribers. The decision comes despite Supernatural ...
The layoffs are set to be announced this week and would affect Meta’s work on the metaverse, as the company spends heavily on building artificial intelligence. By Mike Isaac and Eli Tan Reporting from ...
Meta Platforms Inc. agreed to a series of electricity deals to power data centers that will make it the biggest buyer of nuclear power among its hyperscaler peers. The agreements could end up totaling ...
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