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Meta, AI and Q2

Meta Q2 earnings recap: Stock surges 12% after hours on strong results as AI talent costs heat up

Meta's strong earnings report sent its stock soaring after hours. The company also made it clear that the AI talent wars come with a hefty price tag.

Associated Press News on MSN · 1d

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, buoyed by growing ad revenue even as its expenses increased.

Benzinga on MSN · 1d

Meta Beats Q2 Earnings Estimates, Issues Strong Guidance, Shares Surge To New Highs

Meta reported second-quarter revenue of $47.52 billion and earnings of $7.14 per share, both surpassing analyst estimates, according to Benzinga. Total revenue rose 22% year-over-year, driven by a 6% increase in daily active users,

AI, Meta and Zuckerberg

TechCrunch on MSN · 1d

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 AI may remain closed so that Meta can stay in the driver’s seat.

CNN on MSN · 2d

Meta’s ‘superintelligence’ isn’t here yet. But its AI bets are already paying off

If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent, they’re likely to be assuaged by its blockbuster earnings report on Wednesday. The results,

Inc. on MSN · 1d

Mark Zuckerberg Says Meta’s AI Seems to Be Getting Smarter on Its Own

In a new open letter, Mark Zuckerberg wrote that he is “extremely optimistic” that super-intelligent AI will play a major role in moving humanity forward. And unlike some other big players in the AI industry,

2don MSN

Meta Smashes Q2 Expectations as Zuckerberg Touts AI Future: Company Will ‘Bring Personal Superintelligence to Everyone’

Meta now reaches nearly 3.5 billion users across Facebook, Instagram and other apps. And Mark Zuckerberg says the company's ...

2don MSN

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 ...

1don MSN

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, 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 ...

4hon MSN

Meta dishes out $250M to lure 24-year-old AI whiz kid: ‘We have reached the climax of ‘Revenge of the Nerds’

Mark Zuckerberg’s Meta gave a 24-year-old artificial intelligence whiz a staggering $250 million compensation package, ...

4hon MSN

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 ...

1don MSN

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 ...

5hon MSN

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 ...

Bisnow3h

Meta, Microsoft Gain Ground On Amazon As AI Arms Race Accelerates

Big Tech firms announced increased spending on AI data centers and growing revenues from AI in their earnings reports this ...

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