Meta Platforms Inc. moved its top metaverse executive to oversee AI products following hundreds of job cuts last week, a sign ...
Investors recoiled from Meta’s plan to issue $30 billion in new debt to fund artificial intelligence spending.
Mark Zuckerberg lost about $29.2 billion as Meta's AI spending spooked investors, knocking him two spots down on Bloomberg's ...
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Mark Zuckerberg has appointed longtime lieutenant Vishal Shah to a key role in Meta’s artificial intelligence team, the ...
Meta Platforms (META) is looking to sell at least $25B of investment-grade bonds on Thursday, according to a report by ...
Meta has issued bonds before most recently in 2022 when it raised $10 billion in its first-ever debt sale. This new offering ...
Meta and Microsoft said they planned to spend even more on AI in 2026, and fears of a bubble keep mounting.
Strong tech earnings lifted markets as investors weighed AI momentum against narrowing breadth and uncertainty over monetary ...
Nvidia makes history as first company to reach $5 trillion market valuation, driven by chipmaker's dominance in the ...
Meta's been trying hard to position itself as an AI leader this year. Part of this was a hiring/poaching spree of AI experts.