Meta Platforms reported mixed third-quarter earnings results Wednesday afternoon. Its shares were down over 11% by midmorning ...
1hon MSN
Investors are growing skeptical of colossal AI-spending plans by tech giants like Meta and Microsoft
Meta and Microsoft said they planned to spend even more on AI in 2026, and fears of a bubble keep mounting.
Your Meta -owned feeds — Instagram and Facebook, notably — may soon feature even more content generated by artificial ...
The Facebook parent’s business model sparks more questions about the eventual payoff than rivals such as Google and Microsoft ...
U.S. Federal Reserve Chairman Jerome Powell bifurcated the stock market yesterday when he delivered a 0.25% rate cut that the ...
Meta has laid off 600 employees in its AI unit as it restructures operations and consolidates leadership under Wang Jian to ...
Earnings fell significantly below Wall Street’s expectations, though Meta said it would have exceeded projections before the ...
Meta on Wednesday forecast "notably larger" capital expenses next year thanks to investments in artificial intelligence, ...
Meta plans to spend up to $72 billion on AI infrastructure this year, with CEO Mark Zuckerberg defending the long-term ...
Meta CEO Mark Zuckerberg doesn't want investors to worry about how much his company is spending on artificial intelligence, ...
Meta CEO Mark Zuckerberg said the company’s massive investment in AI research will “enable new technological capabilities to ...
The move comes after Strike 3 Holdings discovered illegal downloads of some of its adult films on Meta corporate IP addresses ...
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