Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of slowing.

As Meta Platforms, Inc. (NASDAQ: META) continues its relentless pursuit of redefining digital connectivity and pushing the ...

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 ...

Meta has tried to revitalize its AI push by sparking a high-stakes talent war that has seen it dole out more than $100 ...

Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive surprises than negative ones.

Meta reported second-quarter revenue of $47.52 billion, beating analyst estimates of $44.58 billion, according to Benzinga ...

The Silicon Valley giant, which has been on a spending spree to hire A.I. researchers, also posted a 36 percent quarterly ...

While tech mega-cap spending on AI matures, Amazon and Meta are seen as leaders in leveraging AI for real business results, ...

Meta occupies a unique position in the artificial-intelligence era, one fund manager says, because of its ability to harness data. The Facebook parent company isn’t just pouring out money for AI ...

CNBC’s Julia Boorstin joins 'The Exchange' to discuss Meta's AI upside and marco headwinds as the company eyes AI-powered ad ...

Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...

Antitrust officials said Meta could thus gain users for its AI services not through merit-based competition with other AI model providers, but by imposing its features on its own users. The authority ...