Mark Zuckerberg’s social media megacorp has put down an eye-popping $14.3 billion as a transfer fee to sign on Alexandr Wang.

And while Amazon has not yet announced another round of layoffs, Jassy’s memo is a clear indicator that job cuts are coming ...

The company began shifting away from Scale AI months before Meta’s $14.3 billion investment, as it sought more specialised ...

Meta is in advanced talks to hire prominent AI investors Nat Friedman and Daniel Gross to help lead its artificial ...

Meta chief executive Mark Zuckerberg said in January that the firm planned to invest at least $60 billion in AI this year, ...

OpenAI was already in the process of winding down its reliance on Scale before Meta took a 49% stake in the firm, the spokesperson said ...

OpenAI has decided to discontinue its collaboration with data provider Scale AI, following a recent deal between Scale AI and Meta.

BofA raised the price target for Meta Platforms, Inc. (NASDAQ:META) from $690 to $765, maintaining a buy rating.

Meta’s AGI efforts will be led by former Scale AI CEO Alexandr Wang, with researchers reportedly working closely with Mark Zuckerberg.

OpenAI CEO Sam Altman says Meta’s lavish signing bonuses won’t build a great A.I. culture, despite Zuckerberg’s intense ...

Meta Platforms (NASDAQ:META) is reportedly in advanced talks to acquire a partial stake in a prominent artificial ...

The Information didn’t specify in its report exactly what Friedman and Gross would be doing at Meta, but Reuters reports that ...