Meta Platforms is investing heavily in AI while streamlining its workforce to maintain healthy profit margins.

On Tuesday, Meta Platforms Inc. (META) announced a joint-venture partnership with alternative-asset manager Blue Owl Capital Inc. (OWL) for the purposes of building and managing the Big Tech giant's ...

Meta will lay off 600 employees from its artificial intelligence (AI) unit, according to a CNBC report. These cuts were ...

Meta axes 600 jobs in a major AI unit restructure. Read about the strategic shift impacting their AI teams and future ...

No charges have been filed but Florida AG James Uthmeier says the criminal subpoenas "will enable us to gather more ...

The gains follow a mix of news on Chief Executive Mark Zuckerberg's push to transform Meta into an artificial intelligence ...

The private-markets firm, after a stunning rise, has seen its stock tumble this year on concerns over private credit. Goldman ...

Data centers are major energy consumers, raising environmental concerns. This article discusses their impacts and the shift toward sustainable practices.

Banks led by JPMorgan and MUFG are preparing a $38 billion debt deal to fund Oracle-linked data centers in Texas and ...

JPMorgan Chase & Co and Mitsubishi UFJ Financial Group are among banks leading the deal... said the people, who asked not to ...

Banks are preparing to launch a $38 billion debt offering as soon as Monday that will help fund data centers tied to Oracle ...

Rachel Sennott first moved to Los Angeles in the fall of 2020. She got a shit welcome. Connecticut-born and NYU-bred, Sennott ...