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.
Meta Platforms is set to release its Q3 earnings on October 21, with shares trading near their 52-week high and up over 12% year-to-date. The company recently launched two new AI models, Muse Wonder and Muse Wonder Full, which have generated strong i...
Meta Platforms' stock rose 4% following Truist Securities raising its price target to $1,000, the highest on Wall Street, based on early adoption of its AI agent Muse. Snap and Reddit stocks also gained, with Snap up 4% and Reddit 2%, driven by their...
The Asia-Pacific sustainable data center market is projected to grow from $16.74 billion in 2025 to $57.18 billion by 2031, at a CAGR of 22.7%. Growth is fueled by rising demand for AI, cloud computing, and hyperscale infrastructure, prompting invest...
Virtuix Holdings has become an official reseller of Meta products, expanding its collaboration with Meta following the successful launch of Omni One for Quest. Omni One orders have tripled compared to last year, driven by strong consumer demand and a...
Apple is set to unveil new smart-home devices at its "Welcome Home" event, marking a significant push into the smart-home market where it has lagged behind Amazon and Google. This move aims to strengthen Apple's ecosystem by making its hardware centr...
