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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 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 ...
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, ...
Apple loses fourth AI researcher in a month to Meta’s superintelligence team
Bowen Zhang, a key multimodal AI researcher at Apple, left the company on Friday and is set to join Meta’s recently formed ...
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 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 ...
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As Meta Surges 12%, Is the Tech Stock a Good Option for Baby Boomers?
Recent Q2 earnings reports have brought unexpected good news for both Meta (META) and Microsoft (MSFT). The ...
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 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 ...
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 AI in Rural Colombia: A Double-Edged Sword for Education
Meta AI in rural Colombia: bridging educational gaps but raising concerns about digital divide, cultural relevance, and ...