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Meta stock surges after Q2 results blow past expectations despite heavy AI spending
In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, ...
AI Series: Investors cheer as tech megacaps spend big money on AI
There was a time when investors disapproved tech companies spending on AI, but this quarter showed a different story. Tech ...
Meta Seizes Its Moment to Spend Aggressively in the AI Race
Meta Platforms Inc. is taking advantage of its lucrative advertising business and stepping up spending next year, with ...
Meta to share AI infrastructure costs via $2 billion asset sale
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to ...
Zuckerberg signals Meta won’t open source all of its ‘superintelligence’ AI models
Meta is shifting how it plans to ensure widespread access to superintelligence, a suggestion that the company’s most advanced ...
Meta Smashes Q2 Expectations as Zuckerberg Touts AI Future: Company Will ‘Bring Personal Superintelligence to Everyone’
Meta now reaches nearly 3.5 billion users across Facebook, Instagram and other apps. And Mark Zuckerberg says the company's ...
Meta shares jump as AI fuels ad sales, outweighing big capital costs
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
Meta to spend up to $72B on AI infrastructure in 2025 as compute arms race escalates
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
Decrypt2d
From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble
During its annual Q2 earnings call, Meta CEO Mark Zuckerberg doubled down on AI, chasing superintelligence for everyone.
Meta, Microsoft roar higher on strong earnings as AI spending booms
Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions ...
Meta’s ‘superintelligence’ isn’t here yet. But its AI bets are already paying off
If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent, ...