Meta CEO Mark Zuckerberg said the company plans to invest $60 billion to $65 billion in capital expenditures in 2025 and significantly expand its artificial intelligence team.
Billionaires Elon Musk, Jeff Bezos and Mark Zuckerberg will attend Donald Trump's inauguration next week, further underscoring the tech moguls' efforts to forge closer ties with the new president. The three will sit on stage with high-profile guests, including Trump's cabinet nominees. Analysts believe that Musk, the CEO of Tesla and SpaceX and a major shareholder of X, has become Trump...
Musk, Zuckerberg and Bezos will attend the inauguration of US President-elect Donald Trump.
On January 14th, Meta CEO Zuckerberg reiterated Huang Renxun's statement that "quantum computing is still a long way from application". Recently, Zuckerberg said in an interview that he supports the industry's consensus on quantum computing. "I'm not an expert on quantum computing, but I understand that it is still some way from becoming a truly practical paradigm," Zuckerberg said. Overnight quantum computing concept stocks fell, D-WaveQuantum closed down 33.62%, Rigetti Computing fell 32.25%, ...
Led by Musk, Zuckerberg, and Huang Renxun, the world's 500 richest people will reach a new milestone in 2024: reaching a total net worth of $10 trillion. The unstoppable rise of US technology stocks has played a key role in the growth of these three people's wealth, and has also driven up the net worth of Larry Ellison, Bezos, Michael Dell, and Google co-founders Larry Page and Sergey Brin.
Led by Elon Musk, Mark Zuckerberg, and Jen-Hsun Huang, the world's 500 richest people are on track to reach a new milestone in 2024: a combined net worth of $10 trillion. The unstoppable rise in US technology stocks has played a key role in the growth of these three men's fortunes, and has also boosted the net worth of Larry Ellison, Bezos, Michael Dell, and Google co-founders Larry Page and Sergey Brin. The assets of these eight tech giants alone will rise by more than $600 billion in 2024. Dom...
Mark Zuckerberg's Meta company donated $1 million to President-elect Donald Trump's inauguration fund, which supports cryptocurrencies.
At the MetaConnect event in California on September 25, Zuckerberg showcased Orion for the first time, which uses a tiny projector built into the eyeglass arm to create a head-up display that appears as if it were on a real-world object. Zuckerberg held up the new AR glasses and said: "Right now, I think the right way to look at Orion is as a time machine." He added: "These glasses do exist, they're great, they let us...
Zuckerberg's Meta Platforms has released the latest model of the Quest headset, hoping that consumers will spend more time on games, videos and chat about VR and AR. At the annual developer conference in Menlo Park, California on September 25, Meta CEO Zuckerberg showed off the latest AR glasses called the Quest 3S. According to reports, one of them will cost $300, and the larger storage version will cost $400. The new product will be available on October 15.
Radar posted on social media that Facebook founder and CEO Mark Zuckerberg banned Russian state media from using Facebook and Instagram.
In the second quarter of this year, Mark Zuckerberg's Meta Platforms lost another $4.50 billion on its meta-universe business, Reality Labs, and its meta-universe loss in capital has increased to nearly $60 billion since 2019. During its second-quarter earnings call on July 31, Meta reported that its revenue beat expectations to $49 billion, up 22% from the same period last year and the second-largest quarter ever.
On July 23, Mark Zuckerberg said the company was "taking the next step towards making open-source AI the industry standard" with the release of Llama 3.1, which he described as the first "leading-edge open-source AI model". "I believe artificial intelligence will evolve in a similar way," he said. "Today, some tech companies are developing leading closed models. But open-source is rapidly closing the gap."