Mark Zuckerberg's mega spending spree began a year ago, when he lured Alexandr Wang to oversee a new AI strategy. The results so far are underwhelming.

Mark Zuckerberg acknowledged errors in Meta's AI-driven workforce transformation, as the company invests heavily in reshaping operations around artificial intelligence.

Meta CEO Mark Zuckerberg acknowledged errors in the company's AI-driven workforce transformation, confirming there will be no further layoffs this year as the company refocuses.