The owner of Facebook, WhatsApp and Instagram is spending billions on new datacentres for artificial intelligence.
Mark Zuckerberg, CEO of Meta, is staunchly defending the company's multi-billion dollar investment in artificial intelligence, despite investor concerns.
Mark Zuckerberg is betting the company’s future on artificial intelligence, even as investors show signs of unease.
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Meta spent $14.3B this year on its AI unit, now called Superintelligence Labs.
Meta’s third‑quarter earnings call was heavy on Mark Zuckerberg trying to justify why the company is pouring money into AI ...
CFRA Research analyst Angelo Zino said the strong ad performance was the main factor behind Meta’s earnings and revenue beat.
About an hour after Meta, Microsoft and Alphabet delivered quarterly earnings, shares in the latter were up 5.5 per cent in ...
Soon after ChatGPT was released to the public in late 2022, OpenAI CEO Sam Altman told employees they were on the cusp of a new technological revolution.
The supercomputer systems will also lay the foundation for future collaborations in science, energy, and national security domains.
Larry Page and Sergey Brin are this year's biggest wealth gainers after Oracle's Larry Ellison thanks to Alphabet's stock ...
The 10 wealthiest people on the planet are jointly worth around $2.5 trillion, as AI buzz has boosted tech stocks such as ...
Journalist Jo Ling Kent joined CBS News in July 2023 as the senior business and technology correspondent for CBS News. Kent has more than 15 years of experience covering the intersection of technology ...
Layoffs have hit companies from Starbucks to Meta to Intel this year amid a backdrop of cost-cutting and technological change ...
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