News

Meta Investors cheer as Mark Zuckerberg doubles down on AI commitment
Meta Platforms Inc. keeps writing bigger checks in pursuit of its artificial intelligence strategy, and traders keep cheering ...
$14B Meta Investment in Scale AI Boosts Plans for Superintelligence Lab
Meta invests $14.3B in Scale AI to fuel a new superintelligence lab—gaining infrastructure and leadership, but raising doubts ...
The Information8h
Meta’s New Way to Pay for AI Investments: WhatsApp Ads
The days of “No ads! No games! No gimmicks!” are over. That was the slogan coined by one of the founders of WhatsApp, Brian ...
TechCentral1h
Meta bets $72-billion on AI – and investors love it
Allen Bond, portfolio manager at Jensen Investment Management, bought Meta shares for the first time in recent weeks, in part ...
How Meta’s $14 Billion Deal Upended the AI Data Industry
Meta's $14 billion investment in Scale AI set off a flurry of dealmaking in the AI data industry, as Meta's rivals cut ties ...
The Information8h
Meta Agreed to Pay up for Scale AI but Then Wanted More for Its Money
The negotiations started as just one billionaire tech founder talking to another. Meta Platforms CEO Mark Zuckerberg ...
Meta’s AI push drives stock higher: is there further upside or is the stock fully priced?
Meta’s massive AI investments lift its stock, but rising valuations and macro risks prompt questions about how long the rally ...
Meta poaches 28-year-old Scale AI CEO after taking multibillion dollar stake in startup
Alexandr Wang dropped out of MIT to co-found Scale and was quickly lauded as one of Silicon Valley's most promising ...