Meta Platforms (formerly Facebook) is a technology company that develops the open-source Llama series of large language models, alongside AI research at Meta AI (formerly FAIR).
A coalition led by Nvidia, Microsoft, and Meta published a letter on July 24 urging Washington to avoid premature restrictions on downloadable AI models, with signatories doubling to 50 within a day t…
Freehand, a San Francisco startup, closed a $75 million Series B on July 29 to expand its autonomous AI agents that handle supply-chain spending decisions for Fortune 500 companies including Meta, Uni…
Meta disclosed $278.99 billion in future lease obligations for AI data centers in its quarterly securities filing, a 53% jump from $182.88 billion three months earlier. The company added $68 billion i…
Meta CEO Mark Zuckerberg said during the company's second-quarter earnings call that AI is enabling faster app development, with new standalone apps like Instagram Instants, Forum, and Seller already …
Microsoft shares surged up to 16% on pace for their biggest single-day jump since 2008 after the company posted strong growth in its AI-powered Azure cloud-computing business and refrained from raisin…
Scale AI, the AI data labeling company, has appointed a former Google Cloud executive as its new CEO amid Meta's $15 billion investment for a 49% stake in the company. The leadership change comes as S…
Meta's FBTriton infrastructure powers custom GPU compiler innovations like TLX and autoWS while staying synced with upstream Triton using agentic ingestion and a stratified L1/L2/L3 validation framewo…
Meta is defending its massive spending on artificial intelligence infrastructure, with plans to potentially invest over $8 billion in data centers this year alone, according to the company's latest ea…
Oracle stock rose after announcing a partnership with Google Cloud to integrate Gemini 2.5 models into OCI Generative AI, positioning Oracle Cloud Infrastructure as a neutral platform for enterprise A…
GPU utilization, not fleet size, is becoming the decisive factor in enterprise AI economics, mirroring the airline industry where aircraft utilization predicts survival, according to a team article on…
On the 20VC podcast with Harry Stebbings and Rory O'Driscoll, Jensen Huang's first-ever post on X was an open-weights manifesto signed by over 50 companies including Microsoft, Meta, and IBM, with Ant…
Scale AI has appointed former Google Cloud COO Francis deSouza as CEO, signaling a shift from data labeling to enterprise AI applications. deSouza, who starts August 10, replaces interim CEO Jason Dro…
EssilorLuxottica reported that revenue from its smart glasses nearly doubled in the second quarter compared to the same period last year, despite growing privacy concerns and backlash, particularly ag…
Meta shares tumbled after Mark Zuckerberg's latest pitch for AI agents, signaling investor skepticism about the gap between the company's AI agent hype and market reality.…
CoreWeave and Leidos announced a collaboration Thursday to place CoreWeave's AI platform inside Sensitive Compartmented Information Facilities (SCIFs) for U.S. spy agencies and the Department of Defen…
Meta's crackdown on users of its AI-powered smart glasses who film harassment has failed, as an Oligarch Watch investigation found hundreds of such videos still on Meta's platforms after the company a…
Meta CFO Susan Li told analysts the company is not providing a specific outlook for 2027 capital expenditures, tightening 2026 capex to $135 billion-$145 billion, which fueled AI overspending fears an…
Morgan Stanley estimates $570 billion in global AI-related debt issuance for 2026, with $236 billion already priced by May at a pace four times faster than last year, pressuring bond investors as tech…
Mark Zuckerberg published a Wall Street Journal op-ed on July 28 arguing that superintelligent AI must reach individuals rather than concentrate among a few institutions, using a thought experiment wh…
LinkedIn plans to keep GPU investment, compute, and storage capacity flat through fiscal 2027 after doubling GPU efficiency over six months, according to Wired. The decision contrasts with hyperscaler…