The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
Meta’s all-hands meetings, led by CEO Mark Zuckerberg, have preceded mass layoffs over the last few years. On Jan. 30, ...
Mark Zuckerberg’s confidence: The Meta chief executive officer predicted a “really big year” in which the social media ...
Midlevel staff are often the first targets of corporate downsizing efforts, but Meta’s plan to replace an entire tier of ...
Meta CEO Mark Zuckerberg expects to spend as much as $65 billion on AI in 2025 as part of a “massive effort” to further the ...
Mark Zuckerberg' Meta assembled several"war rooms" of engineers, as The Information reports, in an attempt to get ahead of ...
Sam Altman hailed the Chinese firm's low-cost AI model as "impressive" and said OpenAI would accelerate the release of ...
Meta's Mark Zuckerberg has moved to encourage optimism after DeepSeek’s AI models sent out multiple shockwaves that rocked ...
Forget mega yachts, AI data centers are quickly becoming the next battleground for billionaires as Zuckerberg pledges $65 ...
Meta CEO Mark Zuckerberg said the company plans to up its capital expenditures in 2025 as it aims to keep pace with rivals in ...
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital ...
Meta Platforms CEO Mark Zuckerberg announced the social media company plans to spend as much as $65 billion this year alone ...