48 stories tagged #Mark Zuckerberg

  1. Meta Raises Capex to $145B for Superintelligence Amid Stock Dip
    tech

    Meta Raises Capex to $145B for Superintelligence Amid Stock Dip

    Meta reported $56.3B Q1 revenue but shares fell after raising capex guidance to $145B for AI infrastructure. The pivot impacts energy markets and signals potential stablecoin integration.

    3d ago 1 min read
  2. Threads Hits 500 Million Users, Zuckerberg Eyes One Billion
    tech

    Threads Hits 500 Million Users, Zuckerberg Eyes One Billion

    Meta's text-based platform surpasses half a billion monthly active users, driven by community features and Instagram integration, intensifying its challenge to X.

    last wk. 1 min read
  3. Zuckerberg Admits AI Workforce Shift Errors at Meta
    tech

    Zuckerberg Admits AI Workforce Shift Errors at Meta

    Meta CEO Mark Zuckerberg acknowledges mistakes in the company's aggressive AI restructuring, promising stability and no further layoffs this year.

    last wk. 1 min read
  4. Zuckerberg Admits Errors in Meta’s Aggressive AI Workforce Restructuring
    tech

    Zuckerberg Admits Errors in Meta’s Aggressive AI Workforce Restructuring

    Meta CEO Mark Zuckerberg acknowledges mistakes in AI pivot causing 8,000 layoffs and 7,000 reassignments to fund infrastructure while pledging no further 2026 cuts.

    last wk. 1 min read
  5. Meta Plans Massive Stock Sale to Fund $145B AI Investment
    tech

    Meta Plans Massive Stock Sale to Fund $145B AI Investment

    Meta Platforms is considering a major equity offering, potentially worth tens of billions, to finance its aggressive AI spending campaign.

    2w ago 1 min read
  6. Meta Weighs Multi-Billion Dollar Stock Offering to Fund AI Push
    finance

    Meta Weighs Multi-Billion Dollar Stock Offering to Fund AI Push

    Meta Platforms is exploring a massive equity offering to fund its surging AI costs, following Alphabet's record $85B sale.

    2w ago 2 min read
  7. Inside Meta's High-Stakes AI Catch-Up: The Alexandr Wang Bet
    tech

    Inside Meta's High-Stakes AI Catch-Up: The Alexandr Wang Bet

    A year after hiring outsider Alexandr Wang, Meta releases Muse Spark, its most credible AI model. Can the young CEO close the gap with OpenAI and Google?

    2w ago 1 min read
  8. Meta Fixes AI Chatbot Flaw That Let Hackers Take Over Accounts
    tech

    Meta Fixes AI Chatbot Flaw That Let Hackers Take Over Accounts

    Meta resolved a security flaw in its AI assistant that allowed hackers to bypass two-factor authentication and take over high-profile Instagram accounts.

    3w ago 1 min read