Meta is planning to slash the budget of the metaverse team, but still remains focused on hardware like AI glasses.

In the high-stakes arms race between Meta and OpenAI for AI dominance, the weapon of choice has evolved. First, it was ...

OpenAI's research chief, Mark Chen, told author Ashlee Vance that the company is "always under attack" by rivals trying to ...

AI pioneer Geoffrey Hinton warns tech billionaires like Musk and Zuckerberg are rushing AI development, risking mass job ...

Meta has purchased Limitless, a start-up known for creating artificial intelligence powered pendants, as the company deepens ...

Reports that Meta plans to slash its metaverse budget by as much as 30% have eased investor concerns around AI spending and ...

Mark Zuckerberg plans to reduce resources for Meta's metaverse projects, potentially cutting the budget by 30% next year.

Meta plans Reality Labs budget cuts up to 30%, weighing job cuts amid metaverse losses and renewed focus on AI technology.

Shares of Meta Platforms Inc (NASDAQ: META) climbed higher Thursday after the company announced job cuts. With shares trading ...

"I’m going to get kicked out in three days, so we need to go on a date quickly," Zuckerberg told Priscilla Chan at the time.