The move follows the European Commission announcing an investigation in December into whether the social media giant had breached antitrust rules.
Chief executive Mark Zuckerberg has ambitious plans to outpace rivals such as ChatGPT developer OpenAI, as well as Google and Elon Musk's company xAI, in the AI race.
Instagram-owner Meta boosted its capital spending plans for the new year by 73% in the pursuit of "superintelligence." ...
Meta stock got a much friendlier investor response with its Q4 report, despite raising AI spending estimates.
Meta Platforms remains a top pick, rated Buy, driven by robust ad revenue and strong Family of Apps performance. Click to ...
After a decade of bolstering Utah tech businesses, Silicon Slopes is asking what entrepreneurship should look like. At the Summit, leaders urged moving beyond Silicon Valley’s playbook, embracing AI ...
Meta is amplifying its capital expenditure by 73% to develop 'superintelligence,' achieving a 24% advertising revenue surge.
The last thing that I want to mention is that I think that 2026 is going to be the year that AI starts to dramatically change ...
By Jaspreet Singh Jan 28 (Reuters) - Instagram-owner Meta on Wednesday boosted its capital spending plans for this year by 73 ...