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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 Q2 earnings recap: Stock surges 12% after hours on strong results as AI talent costs heat up
Meta's strong earnings report sent its stock soaring after hours. The company also made it clear that the AI talent wars come ...
Nvidia Stock Heads for Record High. Why Microsoft, Meta Earnings Matter for AI Chips.
Nvidia stock was heading for new highs early Thursday. Earnings from Microsoft and Meta Platforms reinforced expectations of ...
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 Soar as Ad Business Continues to Fuel AI Ambitions
The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...
Meta is playing the AI game with house money
Mark Zuckerberg’s AI hiring spree is costing a lot of money. His investors don’t care. Meta’s stock price shot up over 10 ...
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 ...
Mark Zuckerberg Says Meta’s AI Seems to Be Getting Smarter on Its Own
Years removed from the failed promises of the metaverse, Zuckerberg has gone all-in on AI, hiring former Scale AI CEO ...
Meta, Microsoft face investor scrutiny over AI spending binge
Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...
Meta Is Going to Let Job Candidates Use AI During Coding Tests
Meta told employees that it is going to allow some coding job candidates to use an AI assistant during the interview process, ...