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Meta Smashes Q2 Expectations

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 mission is to bring AI "personal superintelligence" to all of them.

Fortune on MSN · 1d

Meta’s Mark Zuckerberg laid out his AI vision that outperformed Q2 expectations and sent shares soaring

The social media giant spent $17 billion on capital expenditures during the quarter, mostly on AI infrastructure and data centers and it expects to continue to spend heavily throu

Engadget on MSN · 1d

Mark Zuckerberg shares a confusing vision for AI 'superintelligence'

Mark Zuckerberg has spent the last several months and several billion dollars recruiting prominent AI researchers and executives for a new "superintelligence" team at Meta. Now, the Meta CEO has published a lengthy memo that attempts to lay out his big plan for using the company's vast resources to create "personal superintelligence.

Meta Stock Surges

Insider · 1d

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.

Barron's · 22h

Meta Stock Surges Near Record High. Everything to Know About the Facebook Parent’s Blowout Earnings.

Meta Platforms, parent of Facebook and Instagra, stock surged after the social-media company blew out second-quarter earnings expectations.

Meta, Zuckerberg and AI

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.

Engadget on MSN · 2h

The Morning After: Is Zuckerberg reassessing Meta’s approach to open-source AI?

Earlier this week, Mark Zuckerberg published a memo outlining his vision to build AI "superintelligence." Citing "safety concerns," he wrote that Meta would need to be "rigorous" about what it open sources and what it doesn't.

Fortune on MSN · 14h

Zuckerberg says Meta needs to be ‘careful about what we choose to open-source,’ citing risks from superintelligence

Zuckerberg makes a case for a type of “personal superintelligence” that people can use to achieve their individual goals.

Meta, Microsoft and AI

Reuters · 1d

Microsoft, Meta's AI-powered results lift Wall St futures to new highs

S&P 500 and Nasdaq futures climbed to record levels on Thursday, after blockbuster earnings from Meta and Microsoft signaled Big Tech's hefty artificial intelligence bets were paying off.

The Gazette · 23h

S&P 500, Nasdaq hit record highs at open as Meta, Microsoft results fan AI frenzy

The S&P 500 and the Nasdaq opened at record highs on Thursday, as blockbuster earnings from Meta and Microsoft signaled Big Tech's hefty artificial intelligence bets were paying

The Economic Times on MSN · 1d

US stock futures hit record peaks as Meta, Microsoft results get AI boost

Futures tied to the S&P 500 and Nasdaq surged to record highs on Thursday after strong earnings from tech giants Meta and Microsoft reinforced investor confidence that artificial intelligence investments are paying off.

1don 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 ...

Cryptopolitan40m

Big Tech adds $350B in value as AI bets begin to pay off

Big Tech faces legal trouble and investigations from the US and European governments.

Meta: Stop Underestimating Return On AI Investments

Discover why META's AI investments and robust growth strategies make it a standout choice for investors. Read more here.

48m

Meta offered billion-dollar deals to poach AI talent from Mira Murati’s startup, but failed: Report

Meta reportedly offered billion-dollar compensation to poach AI talent from Mira Murati’s startup, Thinking Machines Lab, but ...

23hon MSN

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 ...

1don MSN

Meta is playing the AI game with house money

Mark Zuckerberg’s AI hiring spree is costing a lot of money. His investors don’t care. Meta’s stock price shot up over 10 ...

24m

Big Tech's AI and core businesses are blurring together

For a while, strong quarterly financial results from Big Tech would quiet concerns over lavish AI spending. But now, a new ...

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