Internet mocks Meta and its layoff plans as company prepares for some massive job cuts while spending billions on Artificial ...

Back in January, Meta Platforms ( META 3.77%) announced it would increase its capex from $72 billion in 2025 to up to $135 ...

Meta Platforms is planning cuts to the metaverse, an arena Chief Executive Mark Zuckerberg once called the future of the company. The proposed changes are part of Meta’s annual budget planning for ...

Meta plans to cut its metaverse budget by roughly 30% to prioritize AI spending. Reality Labs has spent tens of billions over recent years. Meta shares recently fell more than 25% from peak levels.

Meta CEO Mark Zuckerberg made the case for his company's continued AI expansion — and its need to continue scaling infrastructure — after Meta's fourth-quarter earnings on Wednesday included a revenue ...

Meta has acquired Moltbook and its founders, bringing the Reddit-like AI social network under its Superintelligence Labs business.

SAN FRANCISCO — Meta plans to cut about 10% of the employees in its Reality Labs division who work on products including the metaverse, according to three people with knowledge of the discussions, as ...