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Meta just invested more than $14 billion into data labeling start-up Scale AI, acquiring a 49% equity stake in the process.
Meta's AI investments are already yielding results, with improved content recommendations and ad relevance driving increased user engagement and monetization opportunities.
Meta has reportedly invested $3.5 billion in EssilorLuxottica, the eyewear company that owns Ray-Ban and Oakley. The two ...
“Our investments in AI are paying off for both advertiser performance and for our community with a more relevant discovery engine more than ever before." Along with growing ad revenue, Meta saw ...
How generative AI can take Meta to the next level. Meta is planning a huge step-up in its AI investments this year. Ahead of the company's fourth-quarter earnings report in January, CEO Mark ...
Meta Platforms (META 1.70%) rocketed 4.2% higher on Thursday in response to strong first-quarter earnings. The stock has erased almost all of its year-to-date losses in recent weeks, and, at the ...
Meta Plans Investments Into AI-Driven Humanoid Robots, Memo Shows By Katie Paul and Harshita Mary Varghese (Reuters) -Meta Platforms is establishing a new division within its Reality Labs unit to ...
Meta's AI research head, Joelle Pineau, is departing as the company makes major AI investments. Pineau's exit may complicate Meta's ability to compete with OpenAI, Anthropic, and xAI.
There are no guarantees here, but Meta Platforms’ AI investments will probably yield the desired results in the long run. Still, it’s fine for the shareholders to keep tabs on Meta Platforms ...
Meta Platforms is establishing a new division within its Reality Labs unit to develop AI-powered humanoid robots that can assist with physical tasks, according to an internal company memo viewed ...
A company has to spend a lot of money now in order to grow and succeed later on. This seems to be the philosophy of Meta Platforms (NASDAQ:META) and its chief executive, Mark Zuckerberg. You’ll ...
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