Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
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.
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and ...
Meta Platforms (NASDAQ: META) stock rose as firms raised price targets & company reported strong Q4 sales. Analysts see ...
Meta unveils a data center in Mesa with pledges of sustainability at a time when critics are raising louder concerns about ...
Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with ...
Broadcom stock was getting a much-needed boost early Thursday. The company looks set to benefit from greater use of its chip ...
Reflecting up to 15% annual growth, Meta projects first-quarter 2025 income between $39.5 billion and $41.8 billion ahead.