Meta's Core Business 'Doing Great' With 19% Growth, AI Push Signals Search Monetization Ambitions, Says Gene Munster
Deepwater Asset Management‘s Managing Partner Gene Munster offered a detailed analysis of Meta Platforms Inc‘s (NASDAQ:META) ...
Meta: AI Spending Will Strain FY 2025 Earnings But Boost Long-Term Engagement
Meta’s growth is normalizing with decelerating ad revenue, but FY2024 guidance shows promise. See why META stock is still a ...
Observer5d
Meta’s Ad Business Is Booming, But Its A.I. Bets Have Yet to Pay Off
But despite bringing in record revenue bolstered by its core ad business, the tech giant’s ambitious plans to significantly ramp up its spending on A.I. bets—many of which have yet to directly pay off ...
Bloomberg on MSN6d
Meta Warns of Worsening AI Losses After Sales Narrowly Beat
Meta Platforms Inc. warned investors that losses from its division focused on artificial intelligence and augmented reality ...
Meta Extends Llama Support To U.S. Government For National Security
Meta is enabling use of its open-source Llama AI models for a wide range of defense and national-security purposes for the ...
The Associated Press on MSN6d
Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push
Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its ...
Meta Says It's 'Making a Lot of Progress' With AI as Spending Grows
Meta CEO Mark Zuckerberg said in Wednesday's earnings call that more spending on AI products and infrastructure "is maybe not ...
Apple leases Seattle building formerly occupied by Meta
Phone maker takes 190,000 square feet in South Lake Union, adding to its footprint in a softening office market.
OpenAI hires Meta's former AR glasses lead to head its robotics team
OpenAI has hired Meta's former hardware lead, Caitlin Kalinowski, who oversaw the creation of Orion, the company's AR glasses ...
Meta’s Next Llama AI Models Are Training on a GPU Cluster ‘Bigger Than Anything’ Else
The race for better generative AI is also a race for more computing power. On that score, according to CEO Mark Zuckerberg, ...
Apple is reportedly doing market research into smart glasses after Meta's 'Orion' demo made waves
Apple is looking into the smart glasses market after Meta's successful Orion demo, Bloomberg reported.
Zuckerberg says Meta to boost investments in AI
Meta Platforms Inc. CEO Mark Zuckerberg will ramp up heavy investments in AI and other futuristic technologies, continuing a ...