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In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, ...
If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent, ...
Better-than-expected results helped Mark Zuckerberg navigate what might have been a tricky transition from an open-source ...
Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...
Metrics are up across the board, and the CEO is focused on making the company's AI superintelligence push a reality.
Meta also raised the lower end of the capex guidance to $66 billion. It had earlier projected the range to be between $64 ...
Meta Platforms forecast third-quarter revenue well ahead of Wall Street expectations, and raised the lower end of its capital ...
Microsoft forecast on Wednesday a record $30 billion in capital spending for the current fiscal first quarter, after booming ...
The One Big Beautiful Bill Act, signed into law in early July, allows companies to deduct certain investments in the year ...
Meta reported $47.52 billion in second quarter revenue — its second-best quarter ever — on Wednesday and $18 billion in profit ...
Meta, the company led by Mark Zuckerberg, has left the metaverse behind and will now focus its strategy on personal superintelligence ...
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