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Meta said that it expected capex for the year to be between $66bn and $72bn, a slight tweak on a May forecast of $64-72bn.
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
Nvidia shares sold off sharply this spring, fueled by increased worry that spending on artificial intelligence infrastructure ...
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
Meta's strong earnings report sent its stock soaring after hours. The company also made it clear that the AI talent wars come ...
In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, ...
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Meta now reaches nearly 3.5 billion users across Facebook, Instagram and other apps. And Mark Zuckerberg says the company's ...
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 ...
Bowen Zhang, a key multimodal AI researcher at Apple, left the company on Friday and is set to join Meta’s recently formed ...
Amazon, Alphabet, Microsoft, and Meta reported they were set to spend a cumulative $364 billion in their respective 2025 ...