Meta has hired former Cruise CEO Marc Whitten to lead its robotics efforts, and John Koryl to boost sales of smart glasses.

When Meta Platforms announced its plans to spend $65 billion in CAPEX this year, everyone got excited about its AI ventures ...

Seoul-based FuriosaAI was founded in 2017 and is led by June Paik, who previously worked at Samsung Electronics and AMD.

Meta is in talks to acquire FuriosaAI, a South Korean AI chip startup, to strengthen its custom chip efforts amid an NVIDIA ...

PIN AI told VentureBeat they will make money by charging transaction fees for other AI agents to access users' information.

Meta Platforms, the parent company of Facebook, is reportedly in discussions to acquire South Korean artificial intelligence ...

And that's weighing on the companies’ stock prices. Google and Microsoft are down 2.7% and $3.3% year-to-date, respectively, while Tesla is off 17%. Apple's stock has declined 6%. Amazon is up 4.4% ...

Meta's Q4 2024 results show a 21% YoY revenue increase and a 43% YoY operating income increase, with strong AI-driven growth.

Meta is reportedly in talks to acquire a South Korean chip firm as the social media giant looks to bolster its AI hardware infrastructure. Meta may announce its intent to purchase FuriosaAI, a chip ...

Meta Platforms shares edged modestly lower in early Friday trading, but could extend an historic run of gains for the social ...

Meta is seeing a big boost in engagement on Facebook and Instagram, with more advertisers jumping on board thanks to its AI-driven improvements. Its focused approach, especially with the open-source ...

Another major hurdle is the lack of infrastructure. Bangladesh currently has no large-scale AI data centres, forcing ...