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

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

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

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 ...

The social media conglomerate Meta may be considering a shift in its artificial intelligence (AI) spending strategy due to the emergence of China's DeepSeek, according to eToro analyst Sam North. Meta ...

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

Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital ...

Meta Platforms (NASDAQ: META) stock rose as firms raised price targets & company reported strong Q4 sales. Analysts see ...

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

On Friday, Mark Zuckerberg announced a $60-65 billion investment into Meta AI.

Chinese startup DeepSeek’s launch of its latest AI models triggered a selloff in global tech stocks this week on concerns ...

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