Meta Platforms Inc. is working on a financing package for a data center in El Paso, Texas, that could total roughly $13 billion, underscoring Big Tech’s growing reliance on debt to bankroll the ...

Add Futurism (opens in a new tab) More information Adding us as a Preferred Source in Google by using this link indicates that you would like to see more of our content in Google News results. As if ...

Meta META0.47%increase; green up pointing triangle Platforms reported revenue increased 33% in the first quarter—its biggest year-over-year quarterly revenue jump in nearly five years—but said it ...

Even as Meta continues make money hand over fist, the tech giant is set to make a large round of layoffs to optimize operations — and as it continues to plow billions into AI projects. Meta, the ...

In Meta's first-quarter earnings report, the company said Reality Labs recorded an operating loss of over $4 billion while bringing in $402 million in sales. The Reality Labs unit has now accumulated ...

More than 700 people working for a Meta contractor in Ireland are at risk of losing their jobs, documents show. The affected workers are employed by the Dublin-based firm Covalen, which handles ...

Meta Platforms Inc. is looking to power artificial intelligence data centers with solar energy collected in space, taking a novel approach to meeting its insatiable demand for electricity. The company ...

Meta Platforms and Amazon.com agreed to a multibillion-dollar deal over several years in which the social-media company will use tens of millions of Amazon Web Services’ Graviton chip cores to support ...

A new lawsuit alleges that Meta, the parent company of Facebook and Instagram, misled users about the company's efforts to prevent scams on its platforms. The Consumer Federation of America (CFA), a ...

Meta will begin tracking the mouse movements, clicks, and keystrokes of its US employees to generate high-quality training data for future AI agents, Reuters reports. The news organization cites ...