Key Points 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.Its now 331,918 shares are valued at $245 ...

META's stock soars 50% since April, driven by resilient ad growth, AI advancements, and new revenue channels like Threads.

Apple Inc. is facing investor pressure to improve its AI strategy due to a 14.45% drop in share prices this year.

Meta Chief Executive Mark Zuckerberg announced plans to invest hundreds of billions of dollars over the next several years to ...

Meta CEO Mark Zuckerberg announced on Monday that the company will channel hundreds of billions of dollars into constructing multiple huge AI data centres as part of its race toward superintelligence.

Members of the lab, including the new chief A.I. officer, Alexandr Wang, have talked about abandoning Meta’s most powerful ...

Meta Platforms Inc. (NASDAQ: META) is ramping up its artificial intelligence infrastructure plans, with CEO Mark Zuckerberg ...

Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI ...

This followed Meta's $14.3B investment in Scale AI, which involved Scale CEO Alexandr Wang joining Meta to head its superintelligence team, which is focused on artificial general intelligence. AGI ...

Mark Zuckerberg said Monday that Meta Platforms would spend hundreds of billions of dollars on computing power to build ...