#Meta Platforms
11 articles with this tag
AI Spending Surge: Google & Meta Lead the Pack
Alphabet and Amazon see stock gains driven by AI, while Meta's heavy AI spending leads to a dip.
Meta Boosts 2026 Spending, Investors Watch AI ROI
Meta Platforms is boosting its 2026 spending outlook for AI, but faces investor questions on monetizing its AI advancements beyond advertising.
Microsoft, Meta, and White Castle Shake Up Tech and Business
Microsoft drops OpenAI exclusivity, Meta explores space-based solar power for data centers, and White Castle expands slider vending machines.
Meta's AI Push: Layoffs and $10B in Compute Costs
Meta is reportedly planning to cut 10% of its workforce, impacting around 8,000 employees, as it grapples with substantial AI compute costs and internal competition for resources.
Tesla AI Spending, Meta/Microsoft Layoffs, Paramount Merger
Tesla's AI spending impacts stock, Meta and Microsoft announce layoffs, and Paramount merger gets shareholder approval.
Meta Cuts 10% of Jobs Amid Efficiency Push
Meta is cutting around 10% of its workforce as part of an efficiency push, mirroring trends at other tech giants amid increased spending on AI and the metaverse.
Meta Rises After Layoff Reports, OpenAI in Talks for $10B Venture
Meta shares surge on layoff reports, OpenAI eyes $10B AI venture, and Nvidia's GTC conference begins. Plus, Bitcoin hits a six-week high and US senators raise concerns over AI chip exports.
OpenAI Explores PE Ties; Meta Plans Layoffs
OpenAI explores PE joint ventures, Meta plans major layoffs, and soybean prices fall amid trade tensions, as covered in Bloomberg's Money Minute.
AI Ethics Debate: Musk, Zuckerberg, and the Future of AI
Elon Musk and Mark Zuckerberg clash over AI regulation and existential risks, highlighting the debate shaping AI's future.
OpenAI's $730B Valuation Fuels AI Race
OpenAI has secured a record $110 billion in new investments, valuing the AI leader at $730 billion amidst a surging demand for artificial intelligence.
Meta Taps AMD for AI Chips
Meta Platforms is reportedly securing a five-year, $100 billion-plus deal with AMD for AI chips and systems, intensifying competition with Nvidia in the AI hardware race.