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…
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…
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…
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…
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…
Meta Platforms plans to spend as much as $65 billion this year to expand its AI infrastructure, CEO Mark Zuckerberg said on Friday, aiming to bolster the company’s position against rivals OpenAI and Google in the race to dominate the…
Mark Zuckerberg’s announcement this week that Meta would pivot its moderation policies to allow for more “free expression” was widely viewed as the company’s latest effort to appease President-elect Donald Trump, CNBC News reported. More than any of its Silicon…