Meta Platforms is establishing a new division within its Reality Labs unit to develop AI-powered humanoid robots that can assist with physical tasks, according to an internal company memo viewed ...

The financing could exceed $10 billion in value, some of the people said, making it one of the largest private company ...

Meta plans to develop its own humanoid robot hardware, initially targeting household chores, while aiming to create AI, sensors and software that can power robots manufactured and sold by various ...

Meta's head of artificial intelligence research, Joelle Pineau, is leaving the company at a time when the tech giant is pouring billions into AI development to keep pace with industry rivals.

There are no guarantees here, but Meta Platforms’ AI investments will probably yield the desired results in the long run. Still, it’s fine for the shareholders to keep tabs on Meta Platforms ...

Meta's AI research head, Joelle Pineau, is departing as the company makes major AI investments. Pineau's exit may complicate Meta's ability to compete with OpenAI, Anthropic, and xAI. Meta aims to ...

These expanded entries provide a more comprehensive overview of the current AI investment landscape ... it may take time for these substantial investments to translate into significant revenue. This ...

Heading into earnings season, there were fears that hyperscalers like Meta Platforms would pull ... and its belief in long-term investments in AI and other research and development.

META's significant investments in AI will drive future growth in advertising, user engagement, business messaging, Meta AI, and innovative AI devices. META is trading at less than 20 times forward ...

Meta Platforms Inc (NASDAQ:META) shares are trading higher Monday after the company announced that WhatsApp will show adds ...

Earnings per share (EPS) are expected to grow from $14.90 in 2023 to $27.69 by 2026, indicating strong profitability potential despite significant investments. Meta's strategic focus on AI has become ...