Category : Search result: Meta AI spending


Meta Buys Limitless, Maker of AI Recording Pendant

Meta acquires AI startup Limitless, maker of a $99 wearable pendant that records conversations and generates summaries. This signals Meta's push into AI hardware beyond Ray-Ban glasses. Read more.

Meta's Phoenix Glasses Delayed to 2027

Meta postpones its Phoenix mixed-reality glasses launch to 2027 for a polished device. The lightweight goggles face budget cuts in the metaverse division. Read the full report.

Meta Cuts 30% from Metaverse, Shifts Billions to AI

Mark Zuckerberg announces deep cuts to Reality Labs and January layoffs after $70B metaverse losses. Meta pivots billions to AI like Llama and smart glasses. Investors cheer as stock jumps 6%. Read the full story.

Meta to Slash Metaverse Budget by Up to 30%

Meta Platforms is planning deep cuts to its metaverse division, including Horizon Worlds, with potential layoffs. The shift comes as the company refocuses on AI. Read the full report.

US Holiday Shopping Defies Economic Concerns

American consumers are spending strongly at Walmart, Gap and TJ Maxx despite tariff pressures. Holiday sales expected to grow 3.7-4.2% to over $1 trillion. Read the full analysis.

Gates Foundation Sells 65% Microsoft Stake in Q3 2025

Bill & Melinda Gates Foundation Trust executed dramatic portfolio changes, selling 17M Microsoft shares and reducing total holdings from 25 to 23. Discover the strategic reasons behind this massive shift.

Election Promises Push Indian States to Fiscal Brink

Indian states face severe fiscal strain as election welfare spending surges, with Bihar's schemes costing 4% of GDP. Capital expenditure lags while deficits rise across poll-bound states. Read analysis.

Trump's Foreign Policy Reshapes Global Security

President Trump's vision for US foreign policy emphasizes burden-sharing with allies while reducing American global security commitments. Explore the implications for global stability and economic impacts.

Buffett's Berkshire Invests $4.93B in Alphabet

Warren Buffett's Berkshire Hathaway reveals $4.93 billion stake in Alphabet, marking a significant tech bet amid AI overspending concerns. Discover what this means for investors.

Mastek Share: HDFC Securities' Pick of Week

HDFC Securities recommends buying Mastek shares, targeting ₹2,460. IT stock shows bullish pattern despite 25% annual decline. Strong UK government contracts fuel growth.

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