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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.
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 them in Brazil, India, and other countries around the world — got. They chatted with friends and family unencumbered by
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 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 chores, TechCrunch reported. Meta’s new robotics group, which will be led by Marc Whitten, driverless car start up Cruise’s former
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 ahead of analyst expectations. Meta estimated that revenue growth would slow in the January-to-March quarter, reaching 8% to 15%, a
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 technology., Reuters reported. As part of the investment, Meta will ramp up hiring for artificial intelligence roles and build a
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 Valley peers, Meta has taken numerous public steps to make amends with Trump since his election victory in November. That