News

Meta Seizes Its Moment to Spend Aggressively in the AI Race
Meta Platforms Inc. is taking advantage of its lucrative advertising business and stepping up spending next year, with ...
Meta dishes out $250M to lure 24-year-old AI whiz kid: ‘We have reached the climax of ‘Revenge of the Nerds’
Mark Zuckerberg’s Meta gave a 24-year-old artificial intelligence whiz a staggering $250 million compensation package, ...
Meta to share AI infrastructure costs via $2 billion asset sale
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to ...
Your chats with Meta's AI might end up on Google — just like ChatGPT until it turned them off
Meta lets you share your chats with its AI bot to a public feed. Google can index that feed — and make your searchable and ...
Meta, Microsoft roar higher on strong earnings as AI spending booms
Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions ...
Meta to spend up to $72B on AI infrastructure in 2025 as compute arms race escalates
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
Decrypt2d
From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble
During its annual Q2 earnings call, Meta CEO Mark Zuckerberg doubled down on AI, chasing superintelligence for everyone.
Meta Smashes Q2 Expectations as Zuckerberg Touts AI Future: Company Will ‘Bring Personal Superintelligence to Everyone’
Meta now reaches nearly 3.5 billion users across Facebook, Instagram and other apps. And Mark Zuckerberg says the company's ...
Meta shares jump as AI fuels ad sales, outweighing big capital costs
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
Bisnow4h
Meta, Microsoft Gain Ground On Amazon As AI Arms Race Accelerates
Big Tech firms announced increased spending on AI data centers and growing revenues from AI in their earnings reports this ...