(Reuters) -Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO ...
Last year, Meta's capex was between $35bn and $40bn, representing a significant increase. This month, Microsoft said that it ...
Much of the investment will go into increasing the company’s footprint in data centers, which provide the computing power ...
In the volatile tech sector, major players like Meta and Microsoft are continuing their strategic workforce reductions, ...
Netflix, Inc. (NFLX) kicked off tech earnings with a stellar report and the S&P 500 closed at a fresh closing high on ...
Meta is cutting 5% of its workforce ... build a more sustainable future and reach audiences where they are," the spokesperson ...
Meta rarely invests in startups, but it works with Databricks on the Llama open-source models that Meta trains.
Meta Platforms' revised no-ads subscription service may still breach EU consumer and privacy laws in addition to antitrust ...
In letters to Amazon, Apple, Google, Meta, Microsoft, OpenAI, and Uber, the lawmakers express concerns about the companies ...
Targeting "low performers" might seem like a logical tactic for big companies looking to streamline their workforces. But when Meta and Microsoft recently announced performance-based cuts, it ...
Microsoft has created a new engineering org aimed at accelerating AI infrastructure and software development within the ...