Tag: Meta AI

Meta stock jumps as Wells Fargo raises its price target ahead of Meta Connect. (REUTERS/Representational Image)
Posted in Business

Meta stock jumps 7%: Why Wells Fargo sees more upside ahead of Meta Connect

Meta Platforms shares rose as much as 7.6% during Monday’s trading session. As of 11:22 a.m. ET, the stock was still up about 7.1%. The…

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For representational purposes only. (REUTERS)
Posted in Business

Anthropic, Nvidia and Big AI: Great rift on open models, chips and distillation

Days after a number of artificial intelligence (AI) companies came together in support for open-weight models, Anthropic has weighed in on why they didn’t join…

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(AI Image)
Posted in Business

AI is slop, an unripe fruit and an insomniac| Business News

Cognitive warmup. It was in January 2023 when Buzzfeed Inc. CEO Jonah Peretti announced in a memo to staff that the company was making a…

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Meta Platforms CEO Mark Zuckerberg. As on 31 December 2025, his firm employed nearly 79,000 people across the world, according to its latest filing. (AP)
Posted in Business

Meta Platforms plans sweeping layoffs as AI costs mount| Business News

Meta Platforms Inc. is planning sweeping layoffs that could affect 20% or more of the company, three people familiar with the matter said, as the…

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