Looking ahead to the third quarter, the analysts noted that guidance suggests higher AI investment spending, albeit supported ...

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

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

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

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.

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

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 ...

Mark Zuckerberg is under pressure to justify Meta's massive AI investments as the company's profit growth slows. Following ...

If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two ...

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

While its interim CEO cites demand changes, Scale AI has been reportedly losing customers since it buddied up with Meta.