Meta Platforms Sales Soar to Record, Bolstering Zuckerberg’s AI Spending Spree
Revenue grows to $48.4 billion, helping fuel the chief executive’s bets on augmented reality and artificial intelligence.
Meta to invest up to $65 billion this year to power AI goals, Zuckerberg says
"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core ...
Prediction: This Artificial Intelligence (AI) Stock Will Be Worth More Than Meta in 2025
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and ...
Meta Earnings Top Estimates Amid Big Growth in AI Spending
Meta Platforms reported fourth-quarter earnings that topped analysts' estimates as revenue grew more than 20% year-over-year.
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Meta Stock Rallies on AI Ambitions: Is the $60B Bet Worth the Hype?
Meta is now spending tens of billions on AI, and there is a war going on between the Big Caps on who can pour the most money into AI. DeepSeek also didn’t hurt Meta as much, and the recent full-year ...
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Meta’s Cranking up the AI Spend—Will the Efforts Pay Off?
Meta Platforms (NASDAQ:META) seems to be in a strange spot amid the DeepSeek AI cost efficiency breakthrough after announcing ...
Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue ...
Meta Platforms: Strong Performance and AI Investments Drive Positive Outlook for Tech Investors
Maria Ripps, an analyst from Canaccord Genuity, maintained the Buy rating on Meta Platforms (META – Research Report). The associated price ...
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Meta AI’s memory powers smarter recommendations
Privacy experts note that Meta ‘s approach to AI memory includes robust security measures to protect user data. The company ...
Meta sends mixed signals as quarterly sales beat estimates but outlook muted
Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first ...
Why Meta Stock Is Soaring Today
Meta delivered fantastic results for Q4 2024. The company increased earnings per share for the quarter by 50% year over year, ...
Microsoft, Meta Talk Up Their Big AI Ambitions and Spending Plans
The tech giants vow to barrel ahead despite the jolt from China’s DeepSeek.