Meta CEO Mark Zuckerberg said in Wednesday’s earnings call that the rapid rise of new competitors from China has only bolstered the tech giant’s commitment to its AI ambitions as it spends billions on ...
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
Meta continues to hemorrhage money at its metaverse-oriented Reality Labs unit, which beat sales expectations but still lost ...
China's DeepSeek is pressure-testing Zuckerberg’s strategy of embracing the open-source approach to AI development.
Latest earnings for four Magnificent Seven stocks are announced this week. Tesla shares fall then rebound after earnings miss ...
Meta has defended its $65bn (£52bn) investment in artificial intelligence (AI) days after US tech stocks wobbled in the wake ...
Facebook’s parent company has reached a deal with the president, and Elon Musk’s platform says it’s negotiating its own ...
Meta's Reality Labs division continues to bleed billions of dollars — crossing $60 billion in losses since 2020. "This is also going to be a pivotal year for the metaverse," Meta CEO Mark Zuckerberg ...
Meta earned $8.02 per share, or $20.84 billion, over the three months ending in December, handily topping Wall Street's $6.77 ...
Chinese startup DeepSeek’s launch of its latest AI models triggered a selloff in global tech stocks this week on concerns ...
Meta CEO Mark Zuckerberg praised President Donald Trump's new administration, saying it was nice to have leaders who are ...
Meta CEO Mark Zuckerberg has taken a lot of heat since he announced last week that he is pulling his company out of the fact-checking business and curtailing content moderation ...