Meta and Microsoft said they planned to spend even more on AI in 2026, and fears of a bubble keep mounting.
Meta’s spending is hard to rationalize, some analysts say, as it’s uncertain whether heavy investments into the metaverse ...
Mark Zuckerberg pledged that Meta Platforms Inc. will spend even more aggressively on artificial intelligence in the year ...
Your Meta -owned feeds — Instagram and Facebook, notably — may soon feature even more content generated by artificial ...
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On Wednesday, Alphabet and Microsoft also signaled higher AI investments. OpenAI CEO Sam Altman on Tuesday said he would ...
Meta plans to spend up to $72 billion on AI infrastructure this year, with CEO Mark Zuckerberg defending the long-term ...
U.S. Federal Reserve Chairman Jerome Powell bifurcated the stock market yesterday when he delivered a 0.25% rate cut that the ...
The Facebook parent’s business model sparks more questions about the eventual payoff than rivals such as Google and Microsoft ...
The company warned of accelerating capital expenditures around artificial intelligence, sending shares down 7% after hours.
Meta CEO Mark Zuckerberg doesn't want investors to worry about how much his company is spending on artificial intelligence, ...
The move comes after Strike 3 Holdings discovered illegal downloads of some of its adult films on Meta corporate IP addresses ...