Meta Platforms Inc Class A (META)
Meta reportedly plans sweeping layoffs as AI costs increase
Sources tell Reuters layoffs could affect 20% or more of company as plans reflect broader tensions within big tech
Exclusive: Meta planning sweeping layoffs as AI costs mount
Meta is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters, as Meta seeks to offset costly artificial intelligence infrastructure bets and prepare for greater efficiency brought about by AI-assisted workers.
1 Billionaire Just Bought Nearly $2 Billion of This Brilliant AI Investment
Meta Platforms' stock sold off as investors became more concerned about its massive spending plans. The company has continued to post solid growth.
2 Tech Stocks Built to Compound for a Decade
Meta Platforms' strong ad business is only getting better thanks to AI. Netflix still dominates streaming and is slowly entering new, potentially lucrative niches.
Meta Cable Expansion Stalled by Iran Conflict | Bloomberg Tech 3/13/2026
Bloomberg's Ed Ludlow discusses the impact the conflict with Iran is having on AI investments in the Middle East, as Meta pauses part of its major internet-expansion efforts in Africa. Plus, Adobe CEO Shantanu Narayen will resign amid skepticism about the company's ability to thrive in the AI era.
META's AI Model Not Yet Ripe?
Sam Vadas details Meta Platforms' (META) ongoing efforts to jump into a crowded AI race. Sam shares an analogy from the NYSE Floor about its "Avocado" platform suggesting it might be too firm still and needs to ripen up before it's ready.
Meta Delays “Avocado” AI Model After Internal Tests
Meta Platforms (META) has delayed the launch of its next-generation AI model known internally as âAvocado,â according to a report from The New York Times.In
Meta Platforms delays launch of Avocado AI model
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) shares fell more than 3% on Friday, trading at about $618, following reports that the company is delaying the rollout of its latest artificial intelligence model, code-named Avocado. According to sources speaking to The New York Times, Meta CEO Mark Zuckerberg, who in July said the company's new AI models would “push the frontier in the next year or so,” now faces uncertainty in meeting that timeline.
Meta's Avocado Delay Puts $135 Billion AI Bet Under Scrutiny
Meta delayed the launch of Avocado, its next-generation artificial intelligence model. The company pushed the release to at least May from a planned debut this month, The New York Times reported Thursday (March 12).
Avocado on Ice: Can Meta Afford to Pause While Google and OpenAI Sprint Ahead?
In December, media reports first surfaced that Meta Platforms ( NASDAQ:META | META Price Prediction ) was quietly developing a next-generation AI model code-named Avocado, positioned as the successor to its popular Llama series of large language models.
Homebuilder Affordability Constraints, Cybersecurity Mover & META's AI Delay
Despite an earnings miss, Lennar (LEN) shares soared at Friday's open following its 1Q print. Diane King Hall dives into the print in which the CEO says was defined by the "same persistent headwinds" challenging the housing market.
Meta Stock on Sidelines Amid Reported AI Delays
While tech stocks rally , Meta Platforms Inc (NASDAQ:META) is moving in the opposite direction, down 2% to trade at $625 at last check.
