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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 ...
Why is Meta’s stock soaring after earnings? It’s about far more than the numbers.
Meta’s heavy AI spending is boosting ad revenue — and the company is only getting more profitable in the process.
Meta Forecasts Continued Spending as It Races to Build ‘Superintelligence’
The Silicon Valley giant, which has been on a spending spree to hire A.I. researchers, also posted a 36 percent quarterly ...
Meta Posts 22% Revenue Growth as Ad Business Continues to Fuel AI Ambitions
The second-quarter results showed the Facebook parent’s core ad business remains strong at a time when the company is ...
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’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, ...
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 ...