mark zuckerberg

New Business

Meta plans budget cuts as high as 30% to its metaverse efforts in 2026

Meta Platforms CEO Mark Zuckerberg is expected to cut resources for building the so-called metaverse, an effort that he once…

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New Business

Top OpenAI talent from China joins Meta as Zuckerberg bolsters AI team in tech battle

The expertise of Chinese researchers in artificial intelligence (AI) is in the spotlight, as US tech giant Meta Platforms has…

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New Business

Elon Musk’s net worth slumps by $27 billion after feud with Trump: report

Listen to article Elon Musk faced a significant financial setback on Thursday, losing approximately $27 billion from his net worth after a…

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New Business

Meta to spend up to $65 billion in 2025 for AI expansion

Listen to article Meta Platforms is preparing to invest between $60 billion and $65 billion this year to expand its artificial intelligence…

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New Business

Meta Platforms to spend US$65 billion on AI infrastructure in 2025: Mark Zuckerberg

The company intends to use the funds to build a data centre “so large that it would cover a significant…

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Tech

Opinion | Why Apple’s iPhone is losing its shine in China

Since its debut more than 17 years ago, Apple’s iPhone has been more than a smartphone in the eyes of…

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Tech

Building for tomorrow, not immediate profits

Meta has signalled a long-term AI strategy that prioritises substantial investments over immediate revenue generation. During the company’s Q2 earnings…

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Tech

Every business will ‘have an AI’

In a fireside chat at SIGGRAPH 2024, NVIDIA founder and CEO Jensen Huang and Meta founder and CEO Mark Zuckerberg…

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Tech

Meta’s Zuckerberg puts faith in open-source AI to maintain US lead over China

Meta Platforms chief executive Mark Zuckerberg, whose company runs Llama, the world’s largest open-source large language model (LLM), said artificial…

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Tech

AI race: Alibaba, Tencent quickly adopt Meta’s new Llama 3.1 model amid excitement

Alibaba Cloud, the e-commerce giant’s online computing platform, was among the first to include the latest open-source Llama family of…

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