Meta's next big adventure in AI will reportedly be selling access to extra compute power. As Bloomberg reports, the move would be part of a new cloud infrastructure business that would compete with ...
Regulatory filings and new business models suggest hyperscalers are shifting from simply building AI capacity to managing the ...
Mark Zuckerberg met with Kalshi's CEO last year about a potential deal, but talks did not move forward. Now Meta is making ...
Even as their businesses were gutted by the likes of Meta, they still found time and resources to follow the law and make ...
Meta’s attempt to pioneer a metaverse and make VR cool totally flopped, except for one shining diamond in the rough: Supernatural, a VR fitness game that made working out feel fun and accessible. Now, ...
Five years ago, tech angel investor Chris Adamo and a few friends jumped on a burgeoning trend in the digital asset world: they used a virtual real estate broker to buy 23 parcels of property in a ...
Earlier this month, Meta shared an announcement that it would be moving away from supporting virtual reality with Horizon Worlds — its massively expensive metaverse project. Horizon Worlds, which ...
Meta Platforms Inc. today began laying off hundreds of employees, with the company’s Reality Labs virtual reality division hit the hardest. It’s believed the number of staff who will find themselves ...
It took Meta Platforms (<a href="/stocks/meta">META</a>) roughly $75 billion in cumulative operating losses before the company finally decided to pull the plug on CEO ...
The jobs cuts and a new stock program for executives come as Meta continues to shift its focus to artificial intelligence. The jobs cuts and a new stock program for executives come as Meta continues ...
Meta Platforms is retreating further from the metaverse, scaling back a once-central pillar of Chief Executive Mark Zuckerberg's long-term vision in favor of a renewed focus on artificial intelligence ...
Guests walk by a security bouncer, who was in the Metaverse, before a 2022 show in Las Vegas. (Roger Kisby for The Washington Post) Meta, formerly Facebook, is steering away from the “metaverse.” ...