Meta investors will be scrutinizing CEO Mark Zuckerberg’s AI hiring blitz during the company’s second-quarter earnings on ...

What makes Meta (META) stand out, according to Allen Bond, a portfolio manager at Jensen Investment Management, is that the company isn't just spending more on AI infrastructure and data-center ...

Instead of building up in-house artificial intelligence expertise, companies like Meta are on a spending spree hoovering up talent. It's a billion-dollar bet that big pay packages will lead to tech ...

He graduated from a large public university, in the US midwest, and started his career at a tiny Minneapolis boutique ...

On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...

Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...

Meta CEO Mark Zuckerberg is on a mission for his company to be the first to reach so-called artificial superintelligence — generally considered to mean AI that’s better than all humans at all ...

Tapped by Mark Zuckerberg to lead Meta’s most ambitious AI initiative yet, Scale AI founder Alexandr Wang now oversees a ...

The company has already made cost-cutting strides this month, axing about 9,000 employees in its latest round of layoffs.

While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.

Scale AI is cutting 14% of its staff just weeks after receiving a $14.3 billion investment from Meta, according to Benzinga.

Scale AI lays off 200 staff amid restructuring, just weeks after Meta's $14.3B investment and CEO Alexandr Wang’s move to ...