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AI, Meta and Zuckerberg
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 products and business."
Meta posts big profit, plans massive AI investment
Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its artificial intelligence infrastructure in the year ahead. The company expanded its workforce by 10 percent to 74,
Mark Zuckerberg downplays DeepSeek’s disruption, defends Meta’s massive AI investment
While DeepSeek has caused a significant sell-off in AI stocks due to fears that powerful AI models may no longer require extensive computing resources, Zuckerberg said the company’s achievements only reinforce Meta’s commitment to AI.
Meta to pay $25M to Trump
Low sales threaten Meta’s AI investments amid $25m Trump settlement
Meta Platforms expects its sales in the first quarter of 2025 to be around $39.5 billion. The figures fall short of the $41.7 billion analyst projections. The
Meta will pay $25 million to settle Trump lawsuit alleging censorship
Brought by Trump in 2021, the lawsuit alleged Meta improperly suspended his social media accounts following the Jan. 6, 2021, attack on the Capitol.
Meta Agrees to $25 Million Settlement in Donald Trump Lawsuit Over Social Media Suspension
Meta, the parent company of Facebook and Instagram, has agreed to pay $25 million to settle a lawsuit filed by former President Donald Trump in 2021.
Microsoft, Meta CEOs defend AI spending
Meta Platforms Vs. Microsoft: The DeepSeek And Agentic AI Showdown
Meta and Microsoft outperformed in Q4 and Q2 earnings but saw diverging market responses. See why META and MSFT stocks are poised for growth with agentic AI.
Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world
Satya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that hampered the tech giant's ability to capitalize on AI.
Microsoft, Meta CEOs back high AI investment amid spending concerns
Top executives from Microsoft (NASDAQ:MSFT) and Meta Platforms (NASDAQ:META) defended their significant expenditures on artificial intelligence (AI) development. The CEOs addressed the concern that currently,
1d
on MSN
Meta Blows Past Q4 Expectations With Record Revenue and Profit as Zuckerberg Touts Massive AI Investment
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
5h
on MSN
Microsoft, Meta, Tesla & Apple: What this week’s tech earnings tell us about the AI boom
Microsoft, Meta, Tesla and Apple kicked off the tech earnings season this week, giving us snapshot of how spending on AI is shaping the tech sector. Here’s what we’ve learnt about the AI boom so far.
3d
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 ...
1d
Meta's AI Investments, Llama Expansion, Ad Tech Growth Earn Analyst Conviction
Meta Platforms (NASDAQ: META) stock rose as firms raised price targets & company reported strong Q4 sales. Analysts see ...
6h
New Meta data center in Mesa makes sustainability pledges amid critics' doubts
Meta unveils a data center in Mesa with pledges of sustainability at a time when critics are raising louder concerns about ...
1d
on MSN
Meta Platforms Revenue Tops Estimates
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with ...
1d
on MSN
Broadcom Stock Gains. Why the AI Chip Maker Got a Boost From Meta.
Broadcom stock was getting a much-needed boost early Thursday. The company looks set to benefit from greater use of its chip ...
1d
Meta Reports Strong Q4 Earnings, Zuckerberg Highlights AI and Ad Growth
Reflecting up to 15% annual growth, Meta projects first-quarter 2025 income between $39.5 billion and $41.8 billion ahead.
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