Meta
Meta’s AI strategy is, once again, worrying investors.The social media giant’s stock tumbled 10% on Wednesday after it disclosed that its capital expenditure growth far outpaced revenue growth.Meta has a core problem: much of this spending doesn’t yet have a financial return. About 98% of Meta’s revenue still comes from…
In his first-ever post on X, Nvidia CEO Jensen Huang called attention to how some of the biggest names in AI and tech are rallying together to defend the future of open-weight AI models.”AI will transform every industry, power every company, and be built by every country,” Huang wrote on…
Meta used AI-powered workplace systems to penalize employees for taking medical and parental leave and then selected them for layoffs, according to allegations in a new lawsuit.The complaint, filed by 26 current and former workers on Monday in federal court in Northern California, alleges that Meta relied on AI-assisted tools…
Meta is scaling up what was already slated to become its largest AI data center, a Louisiana campus that the tech giant says has fueled “life-changing returns” for local teachers and businesses.The company behind Facebook and Instagram said in a blog post on Monday that the Richland Parish data center,…
Meta could spark a price war in the booming AI coding market.The tech giant announced its latest AI model, Muse Spark 1.1, on Thursday, saying it performs well on industry tests for coding and AI agents. It’s Meta’s first AI model that it charges users for.In comments on X, Meta…
Meta CTO Andrew Bosworth shed new light on the data leak that made the company pause its unpopular Model Capability Initiative.In an interview with The Atlantic CEO Nicholas Thompson, released on Wednesday, Bosworth spoke about why Meta paused the AI training program that involved tracking employee keystrokes. The interview was…
Officials in the city of Cheyenne, Wyoming, say a massive, under-construction Meta data center campus located just south of the city is responsible for contaminating part of its recycled water system.Cheyenne’s Board of Public Utilities said in recent public notices that water discharged by Goat Systems, a Meta contractor at…
This as-told-to essay is based on a conversation with Chikara Kennedy, the 43-year-old CEO of Chikara Power Coaching, who lives in Mexico. Business Insider has verified Kennedy’s income and employment with documentation and edited her words for length and clarity.Before launching my own company in 2024, I worked at Meta…
Get ready for another Meta app.Meta is rolling out Pocket, a new social AI app, Business Insider has learned. Meta describes the Pocket as a platform to “create, share, and discover gizmos with friends.”The app is listed on Meta’s Help Center and in the Google Play Store. The timeline and…
The next AI career path could start with a hard hat, not a laptop.Meta said Monday it is investing a $115 million in a roughly 5-week program aimed at fast-tracking careers in the skilled trades as it looks to build out data centers to support its massive AI ambitions.Called “America’s…
