Just one month on from Meta investing an alleged $15 billion in data annotation firm, Scale AI, and it's letting go of 200 of its employees, claiming that it scaled up its generative AI teams too ...

(Bloomberg) -- Scale AI is laying off hundreds of employees from its data-labeling business, one month after Meta Platforms Inc. invested $14.3 billion in the startup and hired away its chief ...

Meta posts strong Q2 growth with 22% revenue rise & AI-driven ad success. Discover how $100B in AI investment shapes its ...

Meta Platforms is offering nine-figure deals to attract top AI talent; Tesla CEO Elon Musk remains unimpressed by the ...

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Meta Platforms Inc. has selected Pacific Investment Management Co. (PIMCO) and Blue Owl Capital to lead a roughly $29 billion ...

Meta Platforms poised for market focus on expanding AI initiatives, with aggressive recruitment of top-tier AI professionals and elevated estimates for revenue and EPS.

What happens when one of the world's richest companies decides to go all-in on AI? If you're Mark Zuckerberg, it means launching superclusters so large they could rival the footprint of Manhattan.

What makes Meta (META) stand out, according to Allen Bond, a portfolio manager at Jensen Investment Management, is that the company isn't just spending more on AI infrastructure and data-center ...

Meta's strong earnings report sent its stock soaring after hours. The company also made it clear that the AI talent wars come with a hefty price tag.

Meta's recruitment drive is part of its broader push to cement itself as a future leader in generative AI, following a $14.3 billion investment in Scale AI and the recruitment of its high-profile ...