#Meta Platforms Inc.

5 articles with this tag

Alibaba's AI Push Hits Profits, Meta's Circular Financing
Artificial Intelligence

Alibaba's AI Push Hits Profits, Meta's Circular Financing

Alibaba's profits tanked amid AI spending, Meta's reliance on Microsoft raises concerns, and a defense tech startup hits $13B valuation.

about 2 months ago
Meta's Massive Microsoft AI Spend Revealed
Artificial Intelligence

Meta's Massive Microsoft AI Spend Revealed

Meta is spending hundreds of millions annually on Microsoft's Azure for AI services, consuming trillions of tokens for coding assistance.

about 2 months ago
Zuckerberg on Meta's AI Push: Pricing and Talent
Artificial Intelligence

Zuckerberg on Meta's AI Push: Pricing and Talent

Mark Zuckerberg reveals Meta's new paid tier for AI models, aiming to price them lower than competitors and secure top AI talent.

3 months ago
Meta to Build Cloud Business for AI Compute
Technology

Meta to Build Cloud Business for AI Compute

Meta is reportedly planning to build its own cloud business to sell excess AI compute power, offering API access to AI models and renting out data center capacity.

4 months ago
Meta's AI Shift and Home Depot's Sales Slump
Public Companies

Meta's AI Shift and Home Depot's Sales Slump

Meta is reassigning 7,000 workers to AI roles amid job cuts, while Home Depot's sales miss targets due to housing market uncertainties.

5 months ago