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Meta's stock jumps into record territory, as earnings blow past expectations
Meta posted a second-quarter profit that beat expectations by a wide margin, and revenue that topped forecasts for a 12th-straight quarter, as active users, ad impressions and ad prices all rose. The company also provided a revenue outlook for the current quarter that was better than forecast.
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...
Meta's chief AI scientist, Yann LeCun, disagreed with Elon Musk's latest take on the difference between engineers and ...
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
I'm less interested in what Meta could bring to the smartwatch space and more interested in what a smartwatch can do for its ...
Nvidia shares sold off sharply this spring, fueled by increased worry that spending on artificial intelligence infrastructure ...
The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...
Meta now reaches nearly 3.5 billion users across Facebook, Instagram and other apps. And Mark Zuckerberg says the company's ...
Italy's antitrust authority said Meta may have violated European Union competition rules by integrating its Meta AI assistant ...
The Facebook, Instagram and WhatsApp-owner is pumping billions of dollars into artificial intelligence projects.
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