The reported financial losses follow a series of layoffs at the VR unit.
Mark Zuckerberg says 2026 will be “a big year for delivering personal super intelligence.”
Take Zuckerberg’s outlook with a grain of salt. After all, he thought we’d all be hanging out in the metaverse by now.
Meta is ramping up its efforts to build out its AI capacity.
Before joining Meta, Powell McCormick was working as deputy national security advisor to President Donald Trump.
The company is working on an image and video model and new text-based model, which aids with coding.