Meta Platforms is scheduled to report second-quarter results after the closing bell Wednesday, with analysts overwhelmingly bullish on the Facebook parent as it invests heavily in AI.

Alibaba Cloud founder says early innovation doesn't need top-dollar hires: 'What happened in Silicon Valley is not the winning formula' ...

He will report to Zuckerberg and newly-hired chief AI officer Alexandr Wang, who previously led data labeling giant Scale AI.

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"In this role, Shengjia will set the research agenda and scientific direction for our new lab working directly with me and Alex," Zuckerberg wrote, referring to Alexandr Wang, Meta's chief AI ...