Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.

Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its ...

Meta Platforms expects its sales in the first quarter of 2025 to be around $39.5 billion. The figures fall short of the $41.7 ...

Microsoft, Meta, Tesla and Apple kicked off the tech earnings season this week, giving us snapshot of how spending on AI is shaping the tech sector. Here’s what we’ve learnt about the AI boom so far.

"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core ...

Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle, and ...

Meta and Microsoft outperformed in Q4 and Q2 earnings but saw diverging market responses. See why META and MSFT stocks are ...

Satya Nadella, CEO of Microsoft, said the spending was needed to overcome the capacity constraints that hampered the tech ...

Meta Platforms posted robust earnings, surpassing expectations due to gains in AI-driven advertising, despite challenges with ...

Reflecting up to 15% annual growth, Meta projects first-quarter 2025 income between $39.5 billion and $41.8 billion ahead.

While DeepSeek has caused a significant sell-off in AI stocks due to fears that powerful AI models may no longer require ...

Meta unveils a data center in Mesa with pledges of sustainability at a time when critics are raising louder concerns about ...