Meta META is reportedly preparing to invest more than $10 billion in Scale AI, a startup providing high-quality labeled data to companies building next-generation AI models, including OpenAI and ...

Image Source: Zacks Investment Research The options market ... That said, many investors underestimate companies like Meta, which leverage AI in unique ways. For instance, META has integrated ...

Google, Scale AI's biggest client, intends to shift its $200 million workload for human-labeled training data to rival ...

Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said on Friday, joining a wave of Big Tech firms unveiling hefty ...

Sam Altman calls the gadget ‘the coolest piece of technology’; meanwhile, Meta invests in developing ‘superintelligence’ in ...

Meta has taken a minority stake in Scale AI at a $29 billion valuation, appointing former Uber Eats chief Jason Droege as interim CEO as founder Alexandr Wang joins Meta's internal AI team.

Most of Meta’s investment will go towards data centers — including one so big it would cover a large chunk of Manhattan — to fuel products like Llama, the AI model powering the company’s AI.

Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest $ ...

The strong results come as the company is looking ahead to a massive increase in AI-fueled capital spending in 2025 — and as Meta CEO and chairman Mark Zuckerberg has been working to win the ...

that's where we see all of this going," he added. Hayes said AI investment will be a "priority" for Meta over the next two years to help make its platforms "more entertaining and engaging" for users.

Meta’s AI investment is paying off as the company has shown strong improvement in ad impressions and price per ad. Wall Street is cautious about the aggressive forward capex plans of Meta ...