Meta reorganizes its metaverse unit, shifting Vishal Shah to its AI division, per an internal memo. Gabriel Aul and Ryan Cairns now lead Meta's metaverse efforts, focusing on VR and mobile.
Meta Platforms is aggressively investing in AI infrastructure to integrate "superintelligence" across its social media and advertising platforms. META's business strategy focuses on five key opportunities: Improved advertising, engaging experiences, business messaging, Meta AI, and AI devices. Significant capital expenditures are planned through 2026 to support AI development, with leadership transparent about potential short-term financial impact.
Meta has big AI goals, but can it convince investors to keep supporting its big spending?
You've got two more months until the apps are gone.
Meta Platforms is transforming into a vertically integrated AI infrastructure leader, controlling every layer from data centers to proprietary AI models. Meta's massive CAPEX in AI infrastructure is building long-term assets, driving future operating leverage, margin expansion, and new profitable revenue streams. Despite industry-leading margins and its strategic positioning, Meta trades at a discount to tech peers, making the current price an appealing buying opportunity.
META's AI-driven ad growth and massive user reach are set to power strong Q3 results, even as Reality Labs' losses weigh on margins.
An investigation by EU regulators has found TikTok and Meta in breach of the Union's rules concerning illegal or harmful online content.
The EU accused Meta and TikTok on Friday of breaking the bloc's digital content rules, putting the companies at risk of hefty fines.
Meta Platforms has a reputation for experiencing quick rallies. The stock has increased by over 50% in less than two months on six separate occasions, notably in 2012 and 2023.
The European Commission said on Friday that U.S. Big Tech giant Meta and Chinese-owned social media app TikTok breach their obligation to grant researchers adequate access to public data under the Digital Services Act (DSA) according to its preliminary findings.
The European Commission said it had preliminarily found that both tech giants had breached their obligations under the Digital Services Act.
The European Commission said the Facebook owner fails to give users a simple way to flag illegal content.