EU Launches Antitrust Probe Into Meta
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Meta is an underrated and undervalued play on the booming AI market.
Meta Platforms Inc. is in talks to spend billions on Google’s AI chips, the Information reported, adding to a monthslong share rally as the search giant has made the case it can rival Nvidia Corp. as a leader in artificial intelligence technology.
As Meta Platforms shifts focus and rides a bullish trend, investors should formulate a strategy for all likely outcomes. 24/7 Wall St. is here to help.
Meta offers investors a combination of safety and growth potential.
Gretchen Greene, a former Ropes & Gray associate, returns to the firm with a mandate to "accelerate the firm's leadership" in legal artificial intelligence adoption and innovation across the firm's offices and practices.
3hon MSN
Meta’s stock pop could be just the start as Zuckerberg takes aim at ‘black hole’ of spending
Reports that Meta plans to slash its metaverse budget by as much as 30% have eased investor concerns around AI spending and ignited a rally
A bright spot at Reality Labs has been the emerging success of wearables such as Meta’s Ray-Ban smart glasses. Mr Zuckerberg has recently doubled down on his commitment to developing AI-powered wearables, arguing that they will supplant smartphones and are vital to his bet on “superintelligence”.
Yann LeCun, the renowned artificial intelligence scientist who is leaving Meta Platforms (META) to start a new AI company, said the tech giant will not invest in his startup, Bloomberg reported. The unnamed company may be based outside of Silicon Valley,