Meta Platforms

Meta Platforms, formerly known as Facebook, is a social media and technology conglomerate that operates various platforms including Facebook, Instagram, WhatsApp, and Oculus VR. Led by CEO Mark Zuckerberg, the company has become a household name and has divisions dedicated to advertising, virtual reality, and more. Competitors in the space include Google, Twitter, TikTok, and Snapchat.

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Applied AI

Airbnb CEO Throws Subtle Shade at OpenAI; Khosla’s Enterprise AI Fix

By Kevin McLaughlin · Oct 23, 2025 11:12am PDT
Welcome back! At its developer conference earlier this month, OpenAI showed a forthcoming feature that lets ChatGPT users access services from Expedia, Uber and Spotify directly in the chatbot. Some consumer apps might view such a feature as a threat because it bypasses their sites, preventing them from showcasing other products.For his... Welcome back! At its developer conference earlier this month, OpenAI showed a forthcoming...
Art by Getty Images; Mike Sullivan
AI Agenda

Music App Suno Nearly Quadruples Annual Recurring Revenue to $150 Million

By Stephanie Palazzolo · Oct 23, 2025 7:00am PDT
You can count the number of breakout consumer AI applications on the fingers of one hand. There’s OpenAI’s ChatGPT and…that’s about it, at least so far. Suno, which helps people create music using conversational prompts, isn’t yet a breakout—but it could be soon. The company is generating around $150 million in annual recurring revenue from... You can count the number of breakout consumer AI applications on the fingers of one hand. There’s...
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The Briefing

Musk Dials Back Near Term Robotaxi and Optimus Targets

By Theo Wayt · Oct 22, 2025 5:00pm PDT
As a car manufacturer, Tesla’s latest financial results released Wednesday were a definite (if expected) improvement on the first half of the year. Instead of auto sales falling 16%, as they did in the second quarter, they rose 6%. And thanks to even stronger growth in battery sales and services, Tesla’s total revenue grew 12% year over year to... As a car manufacturer, Tesla’s latest financial results released Wednesday were a definite (if...
Meta CEO Mark Zuckerberg. Photo by Getty.

Meta Platforms Plans Performance-Based Job Cuts

By Sylvia Varnham O'Regan and Kalley Huang · Jan 14, 2025 8:03am PST · 1 comment
Meta Platforms plans a new round of job cuts in the coming weeks, the company told employees on Tuesday, focused on employees who are considered weak performers. The cuts would affect about 5% of Meta’s employees, or about 3,600 people, a human resources director later told staff. In a post on the company’s internal chat system, Meta... Meta Platforms plans a new round of job cuts in the coming weeks, the company told employees on...
Mark Zuckerberg speaking at Meta Connect 2023. Photo by David Paul Morris/Bloomberg via Getty Images.
AI Agenda

Meta Platforms Retakes Its Open-Source Lead

By Kalley Huang and Stephanie Palazzolo · Apr 22, 2024 7:00am PDT
Meta Platforms made a splash Thursday with the release of Llama 3, the latest version of its popular open-source large language model, though we stole some of the thunder with our scoop earlier this month. Developers have a lot to say about it—most of it good.For the most part, the 8-billion and 70-billion parameter versions of Llama 3... Meta Platforms made a splash Thursday with the release of Llama 3, the latest version of its...
Exclusive

Meta Platforms to Launch Small Versions of Llama 3 Next Week

By Sylvia Varnham O'Regan · Apr 8, 2024 3:33pm PDT
Meta Platforms is planning to launch two small versions of its forthcoming Llama 3 large-language model next week, according to a Meta employee. The models will serve as a precursor to the launch of the biggest version of Llama 3, expected this summer. Release of the two small models will likely help spark excitement for the forthcoming Llama 3,... Meta Platforms is planning to launch two small versions of its forthcoming Llama 3 large-language...