News

Thomas: Results from Microsoft and Meta show AI adoption is accelerating fast
Lisa Thomas, Deputy Head of Global Research at TD Cowen, tells Worldwide Exchange that Meta and Microsoft’s strong results ...
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 ...
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 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 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 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 Forecasts Continued Spending as It Races to Build ‘Superintelligence’
The Silicon Valley giant, which has been on a spending spree to hire A.I. researchers, also posted a 36 percent quarterly ...
Meta and Microsoft Keep Their License to Spend
Meta Platforms and Microsoft are both showing that obscene spending on new businesses can work—as long as the older ones are ...