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).
Meta's free cash flow plummeted to $784 million in the latest quarter, down from $8.55 billion a year earlier, as the company's massive AI spending weighed on its finances. CEO Mark Zuckerberg defende…
Meta shares fell as much as 10% in after-hours trading Wednesday after the company reported a 55% surge in costs, operating income down 8%, net income down 14%, and free cash flow of just $784 million…
Meta CEO Mark Zuckerberg is betting heavily on an AI-driven future, announcing on Wednesday's earnings call that the company lost over $4.6 billion in its Reality Labs sector in the second quarter. Zu…
A Jevons paradox analysis suggests cheaper open-source AI models will expand total usage and raise spending on chips, data centers, and applications rather than shrink the market, according to a repor…
Meta researchers introduced MoMo, a two-stage imitation-learning framework that enables robots to dial motion modes—steady, dynamic, or intermediate—during manipulation tasks. In tests across six real…
Nvidia CEO Jensen Huang published a pro-open-source AI letter co-signed by most major tech CEOs, but Anthropic notably did not sign, reflecting a split over business models and safety. Open-source AI …
Meta's stock tumbled 10% after it disclosed capital expenditure growth far outpacing revenue growth, with 98% of revenue still coming from its traditional ads business. EMARKETER senior analyst Minda …
Thousands of ads for AI 'nudify' apps on Meta-owned Facebook and Instagram have been traced to GatherOne, one of Meta's 11 Chinese advertising partners, according to a report from the Tech Transparenc…
Meta's Q2 revenue rose 28% to $60.4 billion, but expenses surged 55% to $42 billion due to $1.2 billion in severance from laying off 8,000 employees, $2.4 billion in legal costs, and rising AI expense…
Meta's free cash flow plunged 91% year-over-year to $784 million in the second quarter of 2026 as capital expenditures on AI infrastructure surged 83% to $31.08 billion, nearly wiping out the company'…
Meta founder and CEO Mark Zuckerberg predicted on Wednesday's quarterly earnings call that billions of people will have personal AI agents within five years, citing uses for finances, health, relation…
Meta CEO Mark Zuckerberg told investors on Wednesday's second-quarter earnings call that the company's enterprise AI opportunity extends beyond agents to include APIs, business agents, potentially sel…
Meta CEO Mark Zuckerberg told investors on July 29, 2026, that personal AI agents will be "the foundation for our next wave of products and revenue lines" as the company reported second-quarter result…
Modular construction has become the default playbook for building datacenters, with SemiAnalysis tracking over 61GW of modular capacity across 1,000+ sites and estimating modular penetration will reac…
Meta CEO Mark Zuckerberg launched a PR campaign to boost public optimism about AI, including an ad set to a David Bowie song and a Wall Street Journal op-ed, but the effort faces skepticism amid wides…
Meta shares fell more than 15% after the company reported disappointing revenue projections and rising costs, as CEO Mark Zuckerberg defended his strategy of investing heavily in AI 'agents'—personali…
Microsoft kept its capital expenditure forecast unchanged on Wednesday, becoming one of the first major data center companies to hold the line on AI spending. The company maintained its $190 billion c…
Meta CEO Mark Zuckerberg said on the company's July 29 earnings call that Meta plans personal AI agents that can work continuously on users' behalf and must function without specialist setup, though n…
Meta CEO Mark Zuckerberg announced on the company's Q2 2026 earnings call that Meta is planning a major push into personal AI agents that can work 24/7 on users' behalf to help with goals in health, r…
Meta shares fell 11% on Wednesday after the company reported a 14% drop in quarterly profit to $6bn despite 28% revenue growth to $61bn, as investors balked at plans to spend $130bn to $145bn this yea…