Meta Platforms CEO Mark Zuckerberg announced the social media company plans to spend as much as $65 billion this year alone to build on its artificial intelligence efforts. Billionaire Bill Gates ...
It reported sales of $48.4 billion and earnings of $8.02 per share, compared to the consensus estimates of $47.0 billion and ...
Meta stock is gaining ground Thursday after the social media giant reported strong earnings, but what does Wall Street have ...
Meta's substantial investment in AI infrastructure, particularly in advertising, is expected to continue driving revenue ...
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Meta's Capital Expenditure Soars on the Back of AI SpendingAlong with better-than-expected earnings, Meta on Wednesday reported record capital expenditures that hit $14.8 billion in Q4 of 2024 and $39.2 billion for the full year. The company also said that it ...
Meta and Microsoft are investing heavily in cloud and AI infrastructure, but face challenges from DeepSeek. Both focus on growth and optimization.
Begin your TipRanks Premium journey today. Meta Platforms (META) Company Description: Meta Platforms, Inc. (META), formerly known as Facebook, Inc., is a technology company specializing in social ...
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