Meta Builds Cloud Business to Sell AI Compute
Meta Platforms is developing a cloud business to sell excess AI computing capacity and offer access to hosted models, according to reports. The plans, still in development, could include renting raw G…
Meta Platforms is developing a cloud business to sell excess AI computing capacity and offer access to hosted models, according to reports. The plans, still in development, could include renting raw G…
Meta shares surged after Bloomberg reported the social media giant plans to launch a cloud business selling excess AI compute, joining hyperscaler peers. The move could improve Meta's cash flow outloo…
Meta is developing a cloud infrastructure business called Meta Compute to rent out unused AI computing power, potentially competing with AWS, CoreWeave, and Lambda. The initiative, still in early stag…
Meta CEO Mark Zuckerberg argues that AI could create more jobs rather than eliminate them, if the focus is on enhancing individual productivity through 'personal super intelligence.' He critiques riva…
Meta CEO Mark Zuckerberg pushed back against fears that artificial intelligence will lead to mass job displacement, arguing that empowering individuals and increasing productivity could create more jo…
Meta CEO Mark Zuckerberg dismissed fears about AI-related job displacement, arguing that a focus on empowering individuals rather than automating knowledge work could lead to more jobs. He contrasted …
Meta ran a contractor project that had workers pose as minors and test rival chatbots with prompts about suicide, sex, eating disorders, and drugs, according to WIRED. The project, known as Cannes and…
Prediction market traders on Kalshi give Meta CEO Mark Zuckerberg a 32% chance of reaching a $1 trillion net worth before 2033, followed by Nvidia CEO Jensen Huang at 21%, as AI investments drive weal…
Google capped Meta's use of its Gemini AI model after Meta exceeded its computing capacity, according to sources. The incident highlights that even major tech companies face computing power shortages …
The AI buildout is bottlenecked by energy, not a shortage of electricity, but the inability to connect data centers to the grid. The interconnection process is backlogged, with median wait times jumpi…
Om Malik, the influential technology journalist and investor who founded the blog Gigaom, died Wednesday at age 59 in Palo Alto, California, after a long heart condition. His blog shaped Silicon Valle…
Meta CEO Mark Zuckerberg is developing a prediction market app called "Arena" that uses a points system instead of real money, according to employees. The app aims to capitalize on the popularity of p…
Rapper Tyler, the Creator called for a ban on Meta Ray-Ban smart glasses, citing privacy and consent concerns after a Wired article documented nefarious uses of the wearable cameras. Tyler criticized …
Former Meta executive Sarah Wynn-Williams sued the company Thursday in federal court, alleging it is trying to silence her through an invalid arbitration order and a severance agreement signed under d…
Michael Dell, founder and CEO of Dell Technologies, has become the fifth-wealthiest person globally with a net worth of $216 billion, driven by a 225% surge in Dell's stock price this year. The compan…
Meta CEO Mark Zuckerberg's ever-changing AI initiatives and lack of accountability have led to an abysmal three-month stretch, including layoffs of up to 8,000 employees and legal liabilities over add…
Meta's chief technology officer Andrew Bosworth acknowledged that employee morale is at an all-time low and that the company has done an 'atrocious job' with restructuring, marking a shift from his pr…
Meta paused its employee surveillance program, the Model Capability Initiative (MCI), after a security misconfiguration exposed sensitive worker data—including tax and medical information—to all emplo…
The White House helped Meta CEO Mark Zuckerberg and Google CEO Sundar Pichai avoid testifying at a Senate Judiciary Committee hearing on child safety scheduled for June 23, 2026, according to sources.…
Meta paused its employee data-tracking program after an incident exposed sensitive information, including private conversations and performance reviews, to the entire company. The Model Capability Ini…