Executives are considering potential budget cuts as high as 30% for the metaverse group next year, which includes the virtual ...
Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology.
Investors remain cautious about the AI push, however. In October, Meta’s shares dropped more than 10 per cent — wiping more ...
Meta’s strategy shifted dramatically earlier this year after the company released Llama 4, an open-source model that ...
An us-versus-them mentality has emerged between Meta’s top artificial intelligence team and longtime lieutenants to Mark Zuckerberg.
The worldwide AI race is about to get a new warrior: Meta is reportedly ready to launch a new AI model at the beginning of 2026, and it seems designed to dethrone ChatGPT. It is being codenamed ...
In November 2022, Meta said it was laying off 11,000 employees, or 13% of its workforce, a move that helped kick off a ...
Since reporting its Q3 2025 earnings in late October, Magnificent Seven stock Meta Platforms (NASDAQ: META) has been in a rut ...
The Facebook parent’s shares rose 4% as the move eased some investor jitters over a bet that CEO Mark Zuckerberg has backed ...
Meta Platforms has gained over 1,200% since 2012. The company is now investing heavily in artificial intelligence, bolstering our stock price predictions.
Meta executives are eying gigantic budget cuts for the teams responsible for its Meta Horizon Worlds and Quest VR headset.