The Meta logo marks the entrance of its corporate headquarters in Menlo Park, Calif., on Nov. 9, 2022. Facebook owner Meta plans to lay off more than 11,000 of its staff in “the most difficult changes we’ve made in Meta’s history,” CEO Mark Zuckerberg said on Aug. 20, 2025.

Meta Platforms Inc. has agreed to a deal worth at least $10 billion with Alphabet Inc.’s Google for cloud computing services, according to people familiar with the matter, part of the social media giant’s spending spree on artificial intelligence.