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’s Mark Zuckerberg laid out his AI vision that outperformed Q2 expectations and sent shares soaring
Meta Platforms CEO Mark Zuckerberg expects to deliver “personal superintelligence for everyone” but his ambitious bets on AI ...
Meta stock surges after Q2 results blow past expectations despite heavy AI spending
In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, ...
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, 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 ...
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, ...
Apple loses fourth AI researcher in a month to Meta’s superintelligence team
Bowen Zhang, a key multimodal AI researcher at Apple, left the company on Friday and is set to join Meta’s recently formed ...
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 ...