News

Meta is playing the AI game with house money
Mark Zuckerberg’s AI hiring spree is costing a lot of money. His investors don’t care. Meta’s stock price shot up over 10 ...
Meta Is Going to Let Job Candidates Use AI During Coding Tests
Meta told employees that it is going to allow some coding job candidates to use an AI assistant during the interview process, ...
Meta profits surge helps fuel Zuckerberg’s AI ambitions
The Facebook, Instagram and WhatsApp-owner is pumping billions of dollars into artificial intelligence projects.
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 ...
Meta Shares Soar as Ad Business Continues to Fuel AI Ambitions
The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...
Meta is spending ever more on AI. Earnings will show if that’s paying off.
Meta reports second-quarter earnings after Wednesday’s closing bell, with investors focused on the Facebook parent’s ability ...
Meta shares jump as AI fuels ad sales, outweighing big capital costs
By Echo Wang and Jaspreet Singh (Reuters) -Meta Platforms forecast third-quarter revenue well above analysts' estimates on ...
Meta's AI spending spree is Wall Street's focus in second-quarter earnings
Meta investors will be scrutinizing CEO Mark Zuckerberg’s AI hiring blitz during the company’s second-quarter earnings on ...
Meta, Microsoft face investor scrutiny over AI spending binge
Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...