Meta's AI spending concerns are overblown, according to Morgan Stanley, who sees potential for the stock to surge to $1,000 Meta's forward price-to-earnings multiple has compressed to 22x in recent ...

The biggest companies in the world are spending billions and billions on AI — specifically on "large language models" like the kind that power the likes of ChatGPT, Google's Gemini, and Meta's Llama.

Meta’s chief AI officer, Alexandr Wang, wrote in a memo to staff on Wednesday that the company will cut about 600 jobs from its superintelligence lab, according to a report from Axios. Meta declined ...

In a unique session titled From Likes to Labs: The Future of Science on Social Media, renowned science communicator and ...