Meta Platforms poised for market focus on expanding AI initiatives, with aggressive recruitment of top-tier AI professionals and elevated estimates for revenue and EPS.

Meta CEO Mark Zuckerberg is on a mission for his company to be the first to reach so-called artificial superintelligence — generally considered to mean AI that’s better than all humans at all ...

Shengjia Zhao will work directly with Zuckerberg and Alexandr Wang, the former CEO of Scale AI and now Meta’s chief AI officer.

Meta recently partnered with Amazon Web Services on a program to support startups that want to build on its Llama AI model, in an effort to make its technology essential to businesses emerging ...

Meta declined to comment on this story. Zuckerberg’s drive to get ahead on AI may be rooted in part in his desire to own a foundational platform for the next major technology wave.

Unlike other tech giants, Meta doesn’t have a cloud computing business to generate immediate revenue from those infrastructure investments. And the company is coming from somewhat behind competitors, ...