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.

B in AI infrastructure in 2025, boosting data centres and talent. Projects raise environmental concerns. Stock rises 10%.

Meta delivered 22% revenue growth to $47.52 billion as AI investments fuel improved ad monetization. On the earnings call, co ...

Meta crushed Q2 earnings with rising ad revenue and bold AI capex plans that could reshape tech and monetization strategies.

Nvidia’s (NASDAQ:NVDA) ascent to a $4.3 trillion market capitalization has cemented its status as a titan in the tech world ...

Discover why META's AI investments and robust growth strategies make it a standout choice for investors. Read more here.

Shares in Meta, the tech firm behind Facebook and Instagram, have surged in extended trading after posting a bumper set of ...

Wall Street's AI heavyweights added a combined half a trillion dollars in stock market value late on Wednesday after ...

Amazon, Alphabet, Microsoft, and Meta reported they were set to spend a cumulative $364 billion in their respective 2025 ...

If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent, ...

Meta Platforms Inc. is taking advantage of its lucrative advertising business and stepping up spending next year, with ...

The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...