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Meta raised its capital-expenditure forecast, but it’s also posting strong enough revenue growth to support that spending.
Meta said it plans to raise its capital spending this year to $64 billion to $72 billion to speed up AI capacity.
Facebook parent Meta Platforms on Tuesday launched a separate app for its Meta AI assistant, similar to those offered by ...
The results come as Meta faces a high-stakes trial in Washington, in which the Federal Trade Commission is seeking to ...
The trends are impressive. In 2024, Meta's annual revenue surged 22%, and record earnings per share (EPS) of $23.86 marked a ...
(Reuters) -Shares in artificial intelligence and cloud-computing-related companies were rising sharply in late trade on ...
Meta Platforms Inc. released a new standalone artificial intelligence app on Tuesday in a bid to compete with other popular ...
Meta Platforms Inc. is hosting its first generative artificial intelligence conference for developers, LlamaCon, on Tuesday.
Meta Platforms beat Wall Street estimates for first-quarter revenue on Wednesday, signaling that its artificial ...
M​eta's earnings call is today at 5 pm ET. META stock heads into the report down 7% YTD. Analysts are focused on AI spending ...
Instagram and Facebook parent Meta Platforms Inc. posted better-than-expected results Wednesday for the first quarter thanks ...
Meta Platforms Inc. released a new standalone artificial intelligence app on Tuesday in a bid to compete with other popular ...