Category: Meta

Meta Platforms has paused hiring for its new artificial intelligence division, the company confirmed Thursday, ending a spending spree that saw it acquire a wave of costly AI researchers and engineers, CNBC reported. The pause was first reported by the… Read More

When Facebook bought WhatsApp for $19 billion in 2024, the messaging app had a clear focus. No ads, no games, and no gimmicks, The New York Times reported. For years, that is what WhatsApp’s two billion users — many of… Read More

Scale AI founder Alexandr Wang told employees in a memo on Thursday that he’s leaving for Meta, confirming reports from earlier in the week about his departure and a large investment from the social networking company, CNBC reported. Meta is… Read More

Meta is forming a new team within its Reality Labs hardware division to build robots that can assist with physical tasks, Bloomberg reported. The team will be responsible for developing humanoid robotics hardware, potentially including hardware that can perform household… Read More

Meta Platforms posted record revenue in the fourth quarter, aided by artificial-intelligence improvements to its ads business, The Wall Street Journal reported. The Facebook and Instagram parent reported a 21% increase in sales and $20.8 billion in net income, both… Read More