Latest News, Updates & Breaking Headlines
In a recent blog post Meta CEO Andrew Bosworth has shared some emotional advice. The blog post shared by Bosworth blends emotional intelligence with financial savvy and it offers a fresh take on personal relationships: treat them like your stock portfolio. Bosworth has been with Meta since 2006, he has urged the readers to manage…
President Donald Trump’s Big Beautiful Bill has resulted in a $16 billion hit for Mark Zuckerberg‘s Meta. Meta Platforms has taken a near $16 billion one-off charge in the third quarter (Q3) related to President Trump’s Big Beautiful Bill. The company, which owns Facebook, WhatsApp and Instagram, said that the bill had led the business…
Facebook-parent Meta in its third-quarter earnings call revealed a sharp rise in the opening on artificial intelligence, with employee compensation emerging as one of the biggest cost driver for the company, as per chief financial officer Susan Li. This revelation from the company comes at a time when investor concerns are growing over Meta’s ballooning…
The Trump administration has begun the demolition of the White House East Wing to make way for a new ballroom, and the project is being financially backed by some of the largest technology companies. According to a report, the White House released a donor list showing that the estimated $300 million project—up from a $200…
Reliance Industries Limited (RIL) has announced that its subsidiary, Reliance Intelligence Limited, will form a joint venture company with Facebook Overseas, a wholly owned arm of Meta Platforms. The new entity is named Reliance Enterprise Intelligence Limited (REIL). According to a company statement, REIL will focus on “developing, marketing and distributing enterprise AI services”. Through…
Reliance Industries chairperson Mukesh Ambani MUMBAI: Reliance Industries and Meta Platforms will make a joint investment of Rs 855 crore in AI services in India, a market expected to reach $20-22 billion by 2027. The companies – one owned by India’s richest man, Mukesh Ambani, and the other led by Mark Zuckerberg – will be…
Facebook-parent Meta has announced another round of job cuts, this time affecting employees in the Risk division. In an internal memo sent to staff, the company said it is restructuring teams and reducing roles as part of efforts to streamline operations and rely more on automation for routine compliance work. “Today, we’re announcing a number…
When Meta announced that around 600 employees from its artificial intelligence division would be leaving, it drew attention across the tech world, reports CNBC. The cuts affected teams within Fundamental Artificial Intelligence Research (FAIR) and Meta Superintelligence Labs, two groups that sit at the center of Meta’s AI efforts.The decision came as part of a…
OpenAI’s claim that GPT-5 had solved ten of Paul Erdős’s famous “unsolved” math problems has drawn sharp backlash from across the AI industry, after experts revealed the model merely rediscovered existing solutions. The announcement, initially framed as a landmark breakthrough in automated reasoning, was swiftly condemned by Google DeepMind CEO Demis Hassabis as “embarrassing,” while…
Meta’s Superintelligence Labs (MSL) is reportedly witnessing a major internal shift in how its AI teams create and deploy products. As reported by Business Insider, an internal memo of Meta’s Superintelligence Labs reveals that MSL CEO Nat Friedman and former GitHub chief has asked the engineers to adopt external platforms like Vercel, GitHub because of…
