However, given the high spending levels, is the market endorsing a sustainable AI moat or merely pursuing a capital-heavy fantasy?
Meta Platforms' (META) auditor Ernst & Young raised a red flag over the social media giant's decision to keep a $27B data center project off its balance sheet, according to The Wall Street Journal.
This as-told-to essay is based on a conversation with Devang Sharma, a 27-year-old senior software engineer at Meta, based in Menlo Park, CA. The following has been edited for length and clarity. The ...
Meta has prevailed over an existential challenge to its business that could have forced the tech giant to spin off Instagram and WhatsApp after a judge ruled that the company does not hold a monopoly ...
Meta has come under fire in recent days from social media users startled to discover they’ve been automatically enrolled in a relatively new setting that reduces “political content” on Instagram and ...
Meta is employing questionable off-balance sheet accounting for a $27 billion AI data center, potentially obscuring its true financial obligations and failing to excite investors. A projected surge in ...
Add Yahoo as a preferred source to see more of our stories on Google. Devang Sharma returned to Meta for an AI engineering role after being laid off in 2023. He chose Meta over other AI companies due ...