Meta is experimenting with robots in its data centers to automate tasks like swapping cables and rebooting servers, potentially replacing up to 80% of technician workloads. This move reflects a broader trend where AI and automation are cutting jobs in tech, with nearly 140,000 U.S. tech jobs lost in 2026 amid rising AI investments. While the technology isn't fully ready, Meta's massive capital spending on AI infrastructure suggests robots could significantly reduce labor costs. This shift highlights AI's growing role not just in software but also in physical work, promising major productivity and margin improvements for companies.
Shopify and Meta have partnered to integrate Shopify's Shop Pay accelerated checkout solution with Meta's Muse AI assistant, enabling users to shop and check out easily across all Shopify stores. This collaboration aims to enhance the online shopping...
Meta Platforms reported a 28% year-over-year revenue increase to $60.8 billion in Q2, surpassing expectations. The market's focus on Meta's slightly increased capital expenditures, mainly due to external component costs, overshadowed the company's em...
Meta has confirmed that its AI assistant Muse was heavily inspired by the open-source AI project OpenClaw, though Muse was built from scratch. Nat Friedman, Meta's Superintelligence Labs head, explained that the team admired OpenClaw's design and aim...
Evercore ISI analyst Mark Mahaney named Meta his top stock pick with a bold $860 price target, expecting 30% revenue growth driven by new AI products like the Muse assistant. Despite strong revenue growth, Meta's recent earnings showed a profit decli...
Meta Platforms' Muse AI app has quickly gained traction, surpassing 2.5 million global downloads within 13 days, outpacing competitors like Claude and Gemini. This strong adoption has led Jefferies to raise its price target for Meta to $875, citing p...
