Meta Platforms has recently launched its first closed large language model (LLM) and is considering selling subscriptions for it.

AI agents are now capable of performing basic, mid-level, and even higher-level coding tasks at a speed and scale that humans cannot match.

Mark Zuckerberg has stated internally that the current round of layoffs at Meta will be the last company-wide layoff for this year.

The most recent round of layoffs at Meta Platforms heavily impacted employees in product and engineering roles.

OpenAI is reportedly planning to spend $1.4 trillion on data centers and other AI infrastructure.

Meta Platforms generated over $200 billion in revenue last year, with almost all of it coming from advertising.

Meta Platforms is telling Wall Street that its investment in AI is making its core advertising business more efficient through better targeting and content recommendations.