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Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said Wednesday in its second-quarter earnings report that it plans to more than ...
Whether consumer-focused Meta will be able to convert its huge AI spending into bigger profits than business-focused players ...
Meta faces risks from AI investments, regulations, and Reality Labs spending, posing challenges to margins and growth. Learn ...
So far, nearly 50,000 tech job roles have been replaced with AI as companies like Oracle, Intel, Microsoft, and Nextdoor ...
Following Meta's strategic investment, Scale AI is laying off 14% of its workforce.
Meta risks overinvesting in AI infrastructure while underinvesting in elite AI talent. Click to read about the factors that ...
Meta, like many tech companies, uses gig workers to review real user chats with its AI chatbot to improve the system.
Before Meta inked its $14.3 billion investment in Scale AI, its founder had already formed a close relationship with Meta CEO.
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
Meta's closest competitor in digital advertising is Alphabet, which, as the parent of Google Search, is the biggest digital ...
Scale AI is cutting 14% of its staff weeks after Meta's $14.3 billion investment in the startup. Interim CEO Jason Droege said in a memo that company ramped up its generative AI capacity "too ...
Meta raced to a new all-time high on Wall Street, with the parent company of Facebook and Instagram seeing its share price ...