Mark Zuckerberg has long championed Meta Platforms Inc.’s open-source approach to artificial intelligence software — which ...

Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg exuded confidence in his company’s artificial intelligence ...

Meta CEO Mark Zuckerberg said in Wednesday’s earnings call that the rapid rise of new competitors from China has only bolstered the tech giant’s commitment to its AI ambitions as it spends billions on ...

LVMH CEO Bernard Arnault calls Mark Zuckerberg’s move to lay off low-performing Meta employees a chance for the workers to be ...

Meta Platforms Inc. plans to invest as much as $65 billion on projects related to artificial intelligence in 2025, including ...

Meta announced fourth quarter earnings on Wednesday that beat expectations, while its outlook for the year ahead showed ...

The company intends to use the funds to build a data center “so large that it would cover a significant part of Manhattan,” ...

Meta’s shares rose in after-hours trading even as it forecast increasing expenses on its artificial intelligence efforts.

Zuckerberg announced the spending estimates in a Facebook post on Friday. Investors were expecting capital expenditures of $51.3 billion in 2025, according to Bloomberg-compiled estimates.

Musk is the richest person in the world with a net worth of $449 billion, according to the Bloomberg Billionaires Index. He ...

After DeepSeek R1's impressive performance, global tech-sector titans as a group saw $94 billion of wealth evaporate — ...