Meta Platforms plans to spend as much as $65 billion this year to expand its AI infrastructure, CEO Mark Zuckerberg said on Friday, aiming to bolster the company's position against rivals OpenAI and Google in the race to dominate the technology.
Keith Anderson went from earning $30,000 as a teacher to over $200,000 a year, plus $150,000 in equity, but he paid for it with his mental health.
Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing power needed by A.I. products and algorithms.
Mark Zuckerberg has announced a new spending plan for Meta which includes building an "AI engineer" to help with coding.
Meta is offering deals to creators to promote Instagram on other short-form video apps, including TikTok, Snapchat and YouTube, CNBC has learned.
Meta, Apple, Google and other tech companies have been named in a letter penned by Democratic lawmakers, accusing them of cozying up to President-elect Trump.
Apple is reportedly working on smart glasses running a version of Vision OS, the stack powering its Vision Pro headset. There are plans for more formats, too.
US President Donald Trump blasted European Union regulators for targeting Apple Inc., Alphabet Inc.’s Google and Meta Platforms Inc., describing their cases against American companies as “a form of taxation.
Last month, Google introduced the Android XR platform in partnership with Samsung and Qualcomm, which is "a new operating system built for this next generation of computing". Now, Google has bought part of HTC Vive's engineering team, HTC Vive of course having ample experience engineering VR headsets.
Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest
Meta is reportedly working on several smart devices, including Oakley-branded AI glasses for athletes, including runners.
The two tech giants are entering the race to create a pair of augmented reality glasses, competing with Apple and Meta.