Meta Platforms narrows its capital expenditure forecast as it intensifies its AI efforts. The company aims to revitalize its ...

Meta’s (META) hiring spree to create a super AI team has led it to recruit talent from OpenAI and Anthropic, with the headline $14.3 billion acquisition of data-labeling company Scale AI perhaps being ...

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 ...

Mark Zuckerberg has refuted claims about Meta offering multi-million dollar pay packages to attract artificial intelligence professionals from rival firms.

Meta Chief Executive Mark Zuckerberg said on the company's earnings call that AI talent is "excited to join" the company because it "has all of the ingredients that are required to build leading ...

Financial terms of the purchase weren’t disclosed. A Meta spokesperson confirmed the acquisition, but declined further comment.

While strengthening its AI capabilities, Meta faces regulatory headwinds in Europe. The company announced its complete withdrawal from the European political advertising market starting October, ...

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 ...

Meta is in currently in acquisition talks with PlayAI, a California-based startup that provides its users with an AI voice cloning tool, according to Bloomberg.

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 ...

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 ...