Meta told managers on teams consisting of 150 employees or higher to classify more workers as having performed “below expectations,” according to a May 14 memo.

Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported on Tuesday, citing two people familiar with the matter.

Meta has instructed managers to rank more employees in its "below expectations" performance rating. The midyear reviews could set the stage for more performance-based cuts.

Meta carrying out performance-based layoffs starting Monday, cutting 5% of staff Meta announced the cuts in mid-January as CEO Mark Zuckerberg said the company wants the 'strongest talent' and ...

Lawyers for the FTC and Meta will deliver opening statements on Monday before U.S. District Judge James Boasberg in a trial expected to stretch for seven to eight weeks.

Meta said on Thursday that it planned to invest $14.3 billion in Scale AI, a start-up that works with data to train artificial intelligence systems, in a deal that Meta hopes will add needed ...

Meta CEO Mark Zuckerberg is reportedly building a superintelligence team to develop artificial general intelligence, recruiting 50 experts amid competition with OpenAI and Google.

Meta is preparing to unveil a new artificial intelligence research lab dedicated to pursuing “superintelligence,” a hypothetical A.I. system that exceeds the powers of the human brain, as the ...