News

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 ...
Zuckerberg signals Meta won’t open source all of its ‘superintelligence’ AI models
Meta is shifting how it plans to ensure widespread access to superintelligence, a suggestion that the company’s most advanced ...
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 Just Paid $250M To Lure This 24-year-old AI Whiz Kid: A Strategic Move Or A Power Play?
Meta Platforms Inc. (NASDAQ:META) has reportedly invested a staggering $250 million to secure the talents of 24-year-old AI ...
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 ...
Nvidia CEO Jensen Huang Just Gave Meta Investors Great News -- or Did He?
Beyond Huang, another technological visionary who is worth paying close attention to is Mark Zuckerberg, the CEO of Meta ...
Analysts revamp Meta price target after earnings
Looking ahead to the third quarter, the analysts noted that guidance suggests higher AI investment spending, albeit supported ...
Your chats with Meta's AI might end up on Google — just like ChatGPT until it turned them off
Meta lets you share your chats with its AI bot to a public feed. Google can index that feed — and make your searchable and ...
Meta’s $250M whiz kid’s last AI product ‘sucks at Google Chrome, flopped with Numbers’: users
Meta’s new AI whiz kid Matt Deitke’s last tech product called Vy handles repetitive tasks “with high accuracy” and does so without interrupting users while they browse, but some users ...
Meta to share AI infrastructure costs via $2 billion asset sale
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to ...
Why Microsoft and Meta Are Soaring After Earnings
That could bring Meta’s total expenses to around $150 billion in 2026—nearly triple what the company spent just five years ...
Meta Seizes Its Moment to Spend Aggressively in the AI Race
Meta Platforms Inc. is taking advantage of its lucrative advertising business and stepping up spending next year, with ...