Meta has completed a deal to acquire AI voice technology startup PlayAI, and the “entire PlayAI team” is set to join Meta next week, per an internal memo
The “entire PlayAI team” is set to join Meta next week, according to an internal memo that was reviewed by Bloomberg.
Sources: Ruoming Pang, the head of Apple's foundation models team, is leaving to join Meta, which offered a package worth tens of millions of dollars per year
Ruoming Pang, a distinguished engineer and manager in charge of the company's Apple foundation models team, is departing, according to people with knowledge of the matter.
FTC v. Meta: in an email, Mark Zuckerberg considered spinning off Instagram in 2018 as he increasingly became concerned that its success was hurting Facebook
meaning show people more ads — as a way to make more money and take some pressure off Facebook — Perhaps not surprisingly, IG's founders left the company a few months after all o...
Sources: Meta offered $450M in late March to settle the FTC's antitrust case and raised its offer to ~$1B as the trial neared; the FTC had demanded $30B
The FTC wanted $30 billion to drop its case. Zuckerberg offered much less and hoped Trump would back him up.
Mark Zuckerberg says Meta is planning to invest $60B to $65B in capex in 2025, will end the year with 1.3M+ GPUs, and plans to grow its AI teams “significantly”
Market: WE LOVE AI, DO AI THING — META: Sure thing, ploughing $40bn into capex this year — Market: wait not like that — First time we've seen a negative market reaction to th...
Mark Zuckerberg says Meta is planning to invest $60B to $65B in capex in 2025, will end the year with 1.3M+ GPUs, and plans to grow its AI teams “significantly”
Market: WE LOVE AI, DO AI THING — META: Sure thing, ploughing $40bn into capex this year — Market: wait not like that — First time we've seen a negative market reaction to th...
Mark Zuckerberg says Meta is planning to invest $60B to $65B in capex in 2025, will end the year with 1.3M+ GPUs, and plans to grow its AI teams “significantly”
Meta Platforms (META.O) will invest $60 billion to $65 billion in capital expenditure in 2025, CEO Mark Zuckerberg said in a Facebook post on Friday.
Mark Zuckerberg says Meta is planning to invest $60B to $65B in capex in 2025, will end the year with 1.3M+ GPUs, and plans to grow its AI teams “significantly”
Meta Platforms (META.O) will invest $60 billion to $65 billion in capital expenditure in 2025, CEO Mark Zuckerberg said in a Facebook post on Friday.
TikTok restores its service in the US, thanking Donald Trump for “the necessary clarity and assurance to our service providers that they will face no penalties”
The company said this afternoon that it is “in the process of restoring service” and thanked President-elect Trump for …
TikTok's service providers are risking billions in fines for keeping the app online, as Trump's assurances that it's safe to support TikTok are legally flimsy
but the ban hasn't gone away Benedict Collins / TechRadar : Providers hosting TikTok could still face penalties despite extension, experts warn Jamaica Gleaner : US bans TikTok - F...
Sources: Chinese officials are evaluating an option involving Elon Musk acquiring TikTok US; X would take control of TikTok US and run the businesses together
- ByteDance's preferred strategy is to fight ban, people say — Trump has said he would like to delay ban to seek resolution
OpenAI CEO Sam Altman, Uber CEO Dara Khosrowshahi, and, a source says, Meta CEO Mark Zuckerberg are planning to attend Trump's inauguration events this month
- Tech companies, executives donated to Trump's inaugural fund — Industry trying to boost relationship with new administration