Meta’s investments in virtual and augmented reality projects could reportedly exceed $100 billion this year. This spending comes as CEO Mark Zuckerberg sees 2025 as the “defining year” for the company’s smart glasses, the Financial Times (FT) reported Monday (Feb. 3). Meta last year invested nearly $20 billion...
In one of the most high-profile reactions since it rocked the artificial intelligence (AI) world earlier this week, Meta CEO Mark Zuckerberg on Wednesday (Jan. 29) lauded the innovations of DeepSeek’s lower-cost AI model during the company’s Q4 earnings call. But he said it is...
This week, President Donald Trump and a small group of tech executives — OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Oracle founder Larry Ellison — announced Stargate, a four-year, $500 billion project to build data centers and other artificial intelligence (AI) infrastructure in...
Meta plans to invest $60 billion to $65 billion in capital expenditures and grow its artificial intelligence (AI) teams “significantly” this year, CEO Mark Zuckerberg said in a Friday (Jan. 24) post on Facebook. Saying this will be a “defining year” for AI, Zuckerberg said Meta is...
January 29, 2025
In one of the most high-profile reactions since it rocked the artificial intelligence (AI) world earlier this week, Meta CEO Mark Zuckerberg on Wednesday (Jan. 29) lauded the innovations of DeepSeek’s lower-cost AI model during the company’s Q4 earnings call. But he said it is too soon to tell whether that means it’s time to […]
October 30, 2024
The old saying is you’ve got to spend money to make money. For Meta, notching a third quarter earnings report with record revenues, the fact remains that the long-term artificial...
September 25, 2024
On Wednesday (Sept. 25), the first of Meta’s two-day Meta Connect 2024 conference, Meta CEO Mark Zuckerberg unveiled an ambitious vision for the future of wearable technology. The event showcased...
July 31, 2024
A funny thing happened on the way to Meta’s Q2 earnings call. As it has for many tech companies during this earnings season, discussion of actual financial results took a...
February 03, 2025
Meta’s investments in virtual and augmented reality projects could reportedly exceed $100 billion this year. This spending comes as CEO Mark Zuckerberg sees 2025 as the “defining year” for the company’s smart glasses, the Financial Times (FT) reported Monday (Feb. 3). Meta last year invested nearly $20 billion in its Reality Labs unit last year, the report said, […]
January 24, 2025
Meta plans to invest $60 billion to $65 billion in capital expenditures and grow its artificial intelligence (AI) teams “significantly” this year, CEO Mark Zuckerberg said in a Friday (Jan. 24) post...
January 20, 2025
Meta’s use of fact checkers will reportedly continue, at least outside the U.S. The social media giant has decided to phase out fact-checking in the U.S. in favor of a...
January 12, 2025
Meta’s CEO criticized Apple for a lack of innovation and “random rules,” on a recent podcast. And those rules, Mark Zuckerberg argued, hinder Meta’s profits, CNBC reported Friday (Jan. 10),...