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Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
A fter spending billions of dollars to recruit top AI talent from rival AI companies, Meta CEO Mark Zuckerberg has shared his ...
Big Tech firms announced increased spending on AI data centers and growing revenues from AI in their earnings reports this ...
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Due on MSNMicrosoft Meta AI Spending Sparks Market SurgeA sharp increase in market value for two major technology giants, driven by their aggressive investment plans, gives me an ...
Meta Platforms shares surged nearly 12% premarket after Q2 earnings and revenue topped Wall Street forecasts, fueled by ...
For the quarter, analysts expect Meta to report earnings per share (EPS) of $5.89 on revenue of $44.83 billion, according to ...
Meta Platforms, Inc.s accelerates its AI strategy with a $14.3B Scale AI investment. Click for META's long-term potential and overlooked risks shaping the market.
With reportedly $300 million pay packages, Mark Zuckerberg's company is dismantling its rivals to fast-track Meta's race to ...
The talks took place before Meta finalized a $14.3 billion investment in Scale AI that gives it a 49% stake in the data-labeling startup. Meta and Perplexity didn’t respond to requests for comment.
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 ...
Zuckerberg is picking off top talent from across the industry, and OpenAI might be more vulnerable than most.
It’s big business: Scale AI made headlines last week when Meta “acqui-hired” its co-founder and CEO Alexandr Wang and paid more than $14 billion for a 49 percent stake in the data-labeling firm.
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