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Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent, they’re likely to be assuaged by its blockbuster earnings report on Wednesday.
Meta Platforms has forecast third-quarter revenue surpassing Wall Street expectations and raised its annual capital ...
Meta Platforms narrows its capital expenditure forecast as it intensifies its AI efforts. The company aims to revitalize its ...
Wall Street's AI heavyweights added a combined half a trillion dollars in stock market value late on Wednesday after quarterly reports from Microsoft and Meta Platforms showed massive investments in ...
The Silicon Valley giant, which has been on a spending spree to hire A.I. researchers, also posted a 36 percent quarterly ...
Meta is now firmly focused on artificial intelligence, but its core business is still booming. The tech giant handily topped ...
Meta lifted its full-year capital expenditure guidance range, to $66 billion to $72 billion from $64 billion to $72 billion. At the midpoint of the range, that would be $30 billion more than 2024. For ...
(Reuters) -Meta Platforms narrowed its annual capital expenditures forecast on Wednesday, driven by the social media giant's ...
Facebook parent Meta (META) reported its second quarter earnings on Wednesday, outperforming expectations and offering a better than expected outlook for Q3. The company says it anticipated between ...
Hours before Meta’s earnings call, CEO Mark Zuckerberg shared his vision for the future of AI: personalized super-smart AI ...
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