Meta and Amazon reach a multibillion-dollar, multiyear deal for Meta to rent hundreds of thousands of Amazon's Graviton chips for its AI inference needs
Amazon.com Inc. and Meta Platforms Inc. have struck a multibillion-dollar deal for the social-media giant to rent hundreds of thousands of Amazon's general-purpose chips for its AI efforts.
Meta plans to cut 10% of its employees, or ~8,000 jobs, on May 20 and won't fill 6,000 open roles, trying to boost efficiency and offset its heavy AI spending
Meta Platforms Inc. plans to cut 10% of workers, or roughly 8,000 employees, in an effort to boost efficiency and offset its heavy spending on artificial intelligence.
Meta plans to cut 10% of workers, or ~8,000 jobs, on May 20 and won't fill 6,000 open roles, in an effort to offset its AI spending and boost efficiency
Meta Platforms Inc. plans to cut 10% of workers, or roughly 8,000 employees, in an effort to boost efficiency and offset its heavy spending on artificial intelligence.
Sooth Labs, founded by ex-Meta employees to build AI models that let businesses forecast geopolitical events, is raising ~$50M at a ~$335M valuation
Sooth Labs, a new artificial intelligence lab founded by former Meta Platforms Inc. employees, is raising about $50 million in funding …
Sources: three senior executives who helped launch OpenAI's Stargate initiative are leaving the company and joining Meta
Three key players in OpenAI's massive effort to set up hundreds of billions of dollars' worth of artificial intelligence data center capacity are joining Meta Platforms Inc. …
Sources: Meta plans to debut two Ray-Ban smart glasses models next week intended for prescription wearers, to be sold mainly via prescription eyewear channels
Meta Platforms Inc. plans to debut two new Ray-Ban smart glasses models next week intended for prescription wearers.
Sources: Meta plans to debut two Ray-Ban smart glasses models next week intended for prescription wearers, to be sold mainly via prescription eyewear channels
Meta Platforms Inc. plans to debut two new Ray-Ban smart glasses models next week intended for prescription wearers.
Meta plans to increase its investment in a data center in El Paso, Texas, to more than $10B, a significant rise from the initial $1.5B commitment
Meta Platforms Inc. will spend more than $10 billion to develop a data center in El Paso, Texas, a jump from prior projections and the latest …
Source: Meta's rollout of Meta Ray-Ban Display in the EU has been hampered by regulations on AI features and removable batteries, as well as supply constraints
Meta Platforms Inc.'s rollout of new display-equipped Ray-Ban smart glasses in the European Union has been hampered by battery …
Meta hires the team behind Dreamer, which lets users create AI agents, including Hugo Barra, former Stripe CTO David Singleton, and designer Nicholas Jitkoff
Meta Platforms Inc. has hired the founders and team behind the artificial intelligence startup Dreamer, which launched earlier …