Browsing Tag
Meta
13 posts
Cohere valued at $6.8 billion after $500 million raise, hires Meta exec as its chief AI officer
Toronto-based AI startup Cohere has raised $500 million in fresh funding, pushing the startup’s valuation to $6.8 billion.
August 15, 2025
Tech Layoffs 2025: Microsoft, Intel, Meta among firms cutting tens of thousands of jobs
A fresh wave of layoffs is sweeping through Silicon Valley in 2025, with more than 74,000 jobs eliminated across 154 companies.
July 13, 2025
DeepSeek’s AI breakthrough sparks $1 trillion tech stock selloff, Nvidia loses $600 billion in market cap
Chinese AI startup DeepSeek has shaken the foundations of AI industry, igniting a massive selloff that wiped $1 trillion from global stock markets.
January 28, 2025
Zuckerberg says Meta to spend up to $65 billion on AI in 2025
Meta plans to invest as much as $65 billion on artificial intelligence (AI) projects in 2025, including building a giant new data center
January 26, 2025
Dubai launches Creators HQ with $40 million fund to attract 10,000 Global Influencers
Dubai has launched the highly anticipated Creators HQ which aims to attract 10,000 influencers to the UAE.
January 20, 2025
European Commission slaps Meta with $840 million fine over unfair Marketplace practices
European Commission fines Meta $840 million over ‘abusive’ practices benefiting Facebook Marketplace
November 14, 2024
Pakistani startup Traversaal.ai wins $100,000 grant at Meta’s AI Accelerator finals
Pakistani startup Traversaal.ai has secured a $100,000 grant at Meta’s AI Accelerator Finals held in Singapore
October 9, 2024
100+ tech firms sign EU’s AI Pact, but Apple and Meta hold out
Google, OpenAI, Microsoft, and Amazon are among 100 companies who are the first to sign up to EU’s AI Pact. Apple and Meta have declined to sign
September 27, 2024
WhatsApp may soon introduce AirDrop-like quick file sharing feature
WhatsApp is reportedly working on a new file sharing feature that works similarly to Apple’s AirDrop, allowing users to share files with nearby devices.
January 23, 2024
Meta makes its AI chatbot Llama 2 available free of charge on Microsoft
Tech giant Meta has released an open source version of an artificial intelligence (AI) model, Llama 2, for public…
July 21, 2023