Meta stock is up over 21% this year as the company integrates AI into its product offerings, and the ad spending has improved from the lows seen in 2022.
Markets cheered Monday after Iran signaled it wants to de-escalate tensions with Israel and return to negotiations, easing geopolitical jitters that had rattled investors and sent oil prices surging last week.
Curiosity Inc. (CURI) enters new international licensing agreements to expand global distribution and revenue, including deals with major broadcasters.
Scale AI did not disclose the investment size, but a Wall Street Journal report said earlier this week that Meta could be eyeing a 49% stake, valued at around $14 billion.
The partnership enables Google’s Gemini models to be integrated directly into the Databricks platform, allowing users to build and deploy AI agents natively.
The video-trained AI model enables robots to understand physical dynamics, predict outcomes, and perform real-world tasks such as object handling and spatial navigation.
According to an internal memo viewed by CNBC, the layoffs will impact employees across divisions, and some non-U.S. staff may be affected in the future.
