DeepSeek’s AI disrupts industry, causing Nvidia’s $600B plunge. AI investments surge: SoftBank backs Skild AI, ElevenLabs raises $250M, and Infinite Reality buys Obsess.
Meta CEO Mark Zuckerberg revealed sales figures for the company’s Ray-Ban smart glasses for the first time, telling employees ...
Meta's bet on the metaverse continues to face staggering financial setbacks. Its Reality Labs division recorded an ...
It has been a busy week for both Wall Street and Silicon Valley as many tech companies unveil their Q4 2024 earnings reports.
Meta’s Mark Zuckerberg plans to focus this year on getting back to ‘OG Facebook,’ here’s what that means per the CEO.
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with Reality Labs.
Unpacking Meta's Ambitious Investment in the Metaverse and AI Meta, the parent company of Facebook, Instagram, and WhatsApp, ...
Meta reports strong Q4 2024 revenue growth but struggles with profit due to high costs in AI and Metaverse investments.
It took less than two years for Nvidia to add more than $3 trillion in market value and become Wall Street's most-valuable publicly traded company. However, the arrival of DeepSeek reminds investors ...
Washington: Meta Platforms Inc posted sharply higher profit and revenue for its fourth quarter on Wednesday January 30, ...
Reality Labs, the research arm of social media giant Meta Platforms, bled even more billions over the last quarter, but Meta ...