The spending has hurt the Silicon Valley giant’s cash flow, which turned negative. Meta said it would issue a new class of stock to help it raise more money.

The tool, which is not yet widely available, will compete with OpenAI’s dots and Meta’s Muse. It is built for work and not personal errands.

General Motors is seeking help from artificial intelligence to keep up with Chinese companies that introduce vehicles very quickly.

Elon Musk’s rocket company said its artificial intelligence spending had soared, but revenue more than doubled from its Starlink internet satellite service and A.I. products.

Elon Musk’s rocket company said its artificial intelligence spending had soared, but revenue more than doubled from its Starlink internet satellite service and A.I. products.

Joel Kaplan, a former adviser to George W. Bush known for his Republican ties, had helped Meta build its relationship with the Trump administration.