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Sumitomo Mitsui DS Asset Management bought 12,468 shares of Meta Platforms, totaling $7.7 million. The trade represents 0.07% of 13F reportable AUM. Sumitomo Mitsui DS Asset Management Co. increased ...
Tech giants from Google to Meta to OpenAI are leading an AI data center boom. Some state electricity grids are better set to meet the massive power needs.
AI upgrades and user gains boost Reddit's platform, but stiff competition and high valuation weigh on the stock.
American companies rolled out a series of big ticket AI and energy investment pledges on Tuesday, part of a push by U.S.
META's stock soars 50% since April, driven by resilient ad growth, AI advancements, and new revenue channels like Threads.
Mark Zuckerberg's Meta is offering huge salary packages to top AI researchers from Apple and OpenAI to work for his ...
Meta Platforms, led by CEO Mark Zuckerberg, plans to build a series of large data centres, starting with Prometheus in Ohio, ...
"We're calling the first one Prometheus and it's coming online in '26," Zuckerberg wrote on Threads, Meta's social media platform. "We're building multiple more titan clusters ...
Mark Zuckerberg is expected to appear as a star witness in an unusual $8 billion trial that kicks off this week at which the ...
Last month, the social media giant invested $14.3 billion in Scale AI ( SCAI.PVT) and brought on its CEO, Alexandr Wang, and ...
CEO Mark Zuckerberg said the parent company of Facebook and Instagram is ramping up its investments to compete in the AI arms ...
Meta will invest in "hundreds of billions of dollars" in artificial intelligence with the world's first supercluster online ...