Layoffs could be a sign Meta still has fat to cut — or could signal a bigger AI transformation is underway.

Meta may cut up to 20% of its workforce as it doubles down on AI spending, a shift that could boost earnings but reshape the company.

Meta is planning capital expenditure of up to $135 billion in AI-related costs in 2026, which raised investors' fears around ...

The company reportedly plans mass layoffs as it sees productivity benefits from AI and faces investor pressure to offset its ...

The tech giant is planning capital expenditure of up to $135 billion related to AI this year.

By Aditya Soni and Toby Sterling March 16 (Reuters) - Amsterdam-based AI infrastructure firm Nebius Group said on Monday it ...

Meta Platforms (NASDAQ: META) kicked off the week with a bang. In a press release that dropped Monday morning, the social ...

Meta Platforms Inc. will pay as much as $27 billion over the next five years for access to cutting-edge artificial ...

Meta may cut up to 20% of its workforce as it ramps up AI infrastructure spending and restructures engineering teams.

Facebook parent company Meta is reportedly planning sweeping layoffs to offset expenses for its aggressive development of artificial intelligence. According to a widely cited report ...

Shares of Nebius Group jumped after the AI cloud firm announced a deal with Meta Platforms worth up to $27 billion, expanding a partnership tied to next-generation chips from Nvidia.

By Katie Paul, Jeff Horwitz and Deepa Seetharaman NEW YORK/SAN FRANCISCO, March 13 (Reuters) - Meta is planning sweeping ...