Google has struck a six-year cloud computing deal with Meta Platforms worth more than $10 billion, a source familiar with the matter.
Meta Platforms
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to power AI.
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wed, as AI once more powered its core advertising business.
Meta investors, Zuckerberg reach settlement to end $8 billion trial over Facebook privacy violations
Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed on Thursday to settle claims.
Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI data centers.
Apple and Meta Platforms are set to face modest fines for allegedly breaching landmark rules aimed at reining in their power.
A federal judge said Meta Platforms must face a lawsuit claiming that the Facebook and Instagram parent prefers to hire foreign workers.
Meta Platforms will allow rival classified ads service providers to post listings of their ads on Facebook Marketplace.
Meta Platforms has updated the Ray-Ban Meta smart glasses with AI video capability and real-time language translation functionality.
Facebook, announced on Wednesday that it has removed around 63,000 accounts in Nigeria involved in financial sexual extortion scams.