News

Meta Platforms (NASDAQ:META) has discussed a partnership with AI video company Pika and a possible acquisition or a deal to license Pika’s technology, according to a Thursday report by The Information ...
Meta Platforms has acquired PlayAI, an AI startup specializing in natural-sounding voice technology, according to Bloomberg. The entire PlayAI team will join Meta this week and report to Johan ...
Meta Platforms narrows its capital expenditure forecast as it intensifies its AI efforts. The company aims to revitalize its ...
Mark Zuckerberg has refuted claims about Meta offering multi-million dollar pay packages to attract artificial intelligence professionals from rival firms.
Meta Platforms has sought partnerships with startups developing artificial intelligence models to generate and edit videos, The Information reported Thursday. Meta is in talks with Pika, which ...
Meta Platforms shares surged nearly 12% premarket after Q2 earnings and revenue topped Wall Street forecasts, fueled by ...
With reportedly $300 million pay packages, Mark Zuckerberg's company is dismantling its rivals to fast-track Meta's race to ...
Meta has named one of the early architects of ChatGPT, Shengjia Zhao, as a Chief Scientist of its brand new AI ...
Financial terms of the purchase weren’t disclosed. A Meta spokesperson confirmed the acquisition, but declined further comment.
Meta paid more than $14 billion for a 49 percent stake in Scale AI in mid-June, bringing Wang aboard as part of the acquisition. Scale AI specializes in labeling data to train AI models for ...
Why It's Important: The acquisition is part of Meta's broader AI strategy, which CEO Mark Zuckerberg has called the company's top priority in 2025. In the past few months, Facebook -parent has ...