Meta's AI bet is no longer about ambition -- it's about execution. Llama gives Meta strategic optionality, but adoption is the real test. Meta's scale is its biggest advantage, provided it can move ...

Meta plans to slash around 10% of its Reality Labs business, according to The New York Times, its latest round of layoffs that will reduce the number of employees developing its virtual reality ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Meta’s Reality Labs is reportedly laying off up to 10 per cent of staff in cutbacks that now ...

Meta is preparing to cut about 1,500 employees from its Reality Labs division — roughly 10% of the unit’s 15,000-person workforce — as early as this week as the company pivots hard toward artificial ...

Jan 12 (Reuters) - Meta (META.O), opens new tab has announced its "Meta Compute" initiative to build artificial intelligence infrastructure and oversee the social media company's global fleet of data ...

Meta is eliminating more than 1,000 jobs in its Reality Labs unit, which works on virtual reality. Meta began notifying affected workers about layoffs starting on Tuesday morning. According to a Meta ...

Meta is switching off Horizon Workrooms as a stand-alone app next month. Workrooms was launched for remote teams to collaborate in virtual reality. The move comes as Meta is laying off workers in its ...

Meta has landed one of Wall Street’s most connected dealmakers. Dina Powell McCormick, the former Goldman Sachs executive with deep ties to large pools of capital, and leaders around the world, who ...

Content warning: this story includes discussion of self-harm and suicide. If you are in crisis, please call, text or chat with the Suicide and Crisis Lifeline at 988, or contact the Crisis Text Line ...

Meta Platforms, Inc. remains a Buy despite the recent 20% pullback and concerns over heavy capex spending. FY25 capex guidance was raised to $70–$72 billion, with even larger dollar growth expected in ...

Just over four years after Facebook changed its name to Meta, the company is scaling back its virtual reality ambitions. Meta is cutting about 10% of staff who focus on metaverse-related VR projects ...

Meta has appointed Dina Powell McCormick, a banking executive and former Republican White House official, as its new president and vice-chairman. The company said McCormick will help guide its overall ...