Meta is set to release its first smartwatch this year featuring health-tracking and built-in Meta AI, reports The Information. The smartwatch, which would compete directly with Apple Watch and other ...

The funding will go toward Meta’s pro-AI super PACs, including two new ones: Republican-focused “Forge the Future Project” and Democrat-focused “Making Our Tomorrow,” the New York Times reports. The ...

Meta Platforms is planning cuts to the metaverse, an arena Chief Executive Mark Zuckerberg once called the future of the company. The proposed changes are part of Meta’s annual budget planning for ...

Meta's stock pop following the company's latest earnings beat is a sign that investors are OK with hefty AI spending as long as the core business stays strong.

Meta Platforms' stock has a strong outlook, but $115-$135 billion in capex and unproven AI/hardware spending add risk. Learn more about META stock here.

Meta plans to cut its metaverse budget by roughly 30% to prioritize AI spending. Reality Labs has spent tens of billions over recent years. Meta shares recently fell more than 25% from peak levels.

(Bloomberg/Kurt Wagner) — Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the ...

Meta CEO Mark Zuckerberg made the case for his company's continued AI expansion — and its need to continue scaling infrastructure — after Meta's fourth-quarter earnings on Wednesday included a revenue ...