Meta's top AI scientist, Yann LeCun, said there was a "major misunderstanding" about how billions in AI investment will be used.
Revenue grows to $48.4 billion, helping fuel the chief executive’s bets on augmented reality and artificial intelligence.
Meta “will take appropriate action, including termination” for any leakers, Meta’s chief information security officer, Guy Rosen, said in a memo that was also leaked.
Meta Platforms (NASDAQ: META) stock rose as firms raised price targets & company reported strong Q4 sales. Analysts see potential in AI & new services.
Meta's earnings call is today at 5 pm ET. META stock heads into the report up 15% YTD. Analysts are focused on AI monetization efforts and DeepSeek.
Meta AI will curate responses based on the information you've supplied across Facebook, Instagram, Messenger, and WhatsApp, but you can delete that data.
The tech giants are keeping capital spending plans in line as DeepSeek raises questions about future computing needs.
Nvidia’s Blackwell chip – the world’s most powerful AI chip to date – costs around US$40,000 per unit, and AI companies often need tens of thousands of them. But up to now, AI companies haven’t really struggled to attract the necessary investment, even if the sums are huge. DeepSeek might change all this.
Stocks rose Friday as Apple led a broad rally following a strong investor reaction to its quarterly earnings report and the market closes out a whirlwind week highlighted by Nvidia’s record-breaking losses in reaction to China’s DeepSeek cheaper AI model and a flurry of earnings reports.