Tag : Meta

Amazon plans $100 billion AI investment to stay ahead in tech race
Business

Amazon plans $100 billion AI investment to stay ahead in tech race

manamalive.com
Amazon has announced plans to increase its capital expenditures to $100 billion in 2025, marking a significant investment in artificial intelligence and cloud infrastructure. The tech giant’s spending surge follows its 2024 capex of approximately...
Nvidia shares rise as Alphabet boosts AI investments for 2025
Business

Nvidia shares rise as Alphabet boosts AI investments for 2025

manamalive.com
Nvidia's stock surged over 4% on Wednesday, rebounding from last week's sell-off as concerns over China's DeepSeek AI model failed to dampen Big Tech's spending on artificial intelligence infrastructure. The stock's rise follows Alphabet's announcement...
Business leaders donate millions to Trump's inaugural committee
News

Business leaders donate millions to Trump’s inaugural committee

manamalive.com
Business leaders and major corporations are committing millions of dollars to President-elect Donald Trump’s inaugural committee, signaling efforts to secure influence and access as his administration prepares to take office. High-profile donors include Amazon, led...
Tech leaders say AI’s impact on employment will be overwhelmingly positive
Featured News

Tech leaders say AI’s impact on employment will be overwhelmingly positive

manamalive.com
MENA Newswire News Desk: Artificial intelligence (AI) is expected to transform industries globally by creating new job opportunities rather than eliminating them. According to the World Economic Forum, AI is projected to generate 97 million...
EU court restricts Meta from using sensitive data for ad targeting
News

Meta faces major setback as EU court limits data use for ads

manamalive.com
MENA Newswire News Desk: Meta Platforms has been ordered by the European Union’s top court to limit its use of personal data for targeted advertising, marking a significant blow to the company’s advertising model. The...
Ray-Ban Meta glasses to get new AI features and exclusive frame design
Technology

Ray-Ban Meta glasses to get new AI features and exclusive frame design

manamalive.com
MENA Newswire News Desk: Ray-Ban | Meta glasses are set to receive a significant upgrade with new AI features and expanded partnerships. Meta announced on September 25, 2024, that the smart glasses will now include...
Historic EU decision sets precedent for global AI regulation
Technology

Historic EU decision sets precedent for global AI regulation

manamalive.com
In a landmark move, the European Union's parliament has greenlit the world's pioneering comprehensive regulatory framework to govern the burgeoning realm of artificial intelligence (AI). This groundbreaking legislation, known as the EU AI Act, sets...
Pinterest shares dip on weak outlook, revenue miss
Business

Pinterest shares dip on weak outlook, revenue miss

manamalive.com
Pinterest shares plummeted in extended trading on Thursday following the company's disappointing revenue report and a weaker-than-expected forecast. However, the stock managed to recover some losses after Pinterest unveiled a new partnership with Google. In...
Meta shares surge 20% after announcing first-ever dividend
Business

Meta shares surge 20% after announcing first-ever dividend

manamalive.com
Meta, the parent company of Facebook, experienced a staggering 20% surge in its stock value during Friday's trading session. This dramatic increase came on the heels of Meta's revelation of a tripling of profits in...
Tech giants and startups to lead AI's transformative journey in 2024
Uncategorized

Tech giants and startups to lead AI’s transformative journey in 2024

manamalive.com
In 2024, the realm of artificial intelligence (AI) is poised for unprecedented growth, with experts predicting a significant surge in development. This expansion is not just limited to tech giants but is also expected to...