Meta Platforms Inc Class A (META)
CapEx should balloon for Meta, BNP Paribas' Stefan Slowinski
Stefan Slowinski, BNP Paribas Exane global head of software research, joins 'Power Lunch' to discuss opportunities in software stocks and his expectations for mega-cap tech earnings.
Meta scrambles to fix AI chatbots that still calling Joe Biden the president
On Thursday, Meta's artificial intelligence bots across Facebook, Instagram and WhatsApp were still telling inquisitive users that the US president is Joe Biden – despite Donald Trump's inauguration on Monday, according to a report.
META Investing Up to $65B in A.I. & Earnings Preview
Meta Platforms (META) said it will invest between $60 billion and $65 billion into A.I. in 2025. That money will go to a 2+ gigawatt data center that CEO Mark Zuckerberg says, "would cover a significant part of Manhattan.
Meta to begin testing ads on Threads, its micro-blogging app
Meta will begin testing ads on its Threads microblogging service with a few companies in the U.S. and Japan, the company said in a blog post Friday. The experiment marks Meta's first run at generating revenue from Threads, which launched in 2023 to rival X, the company formerly known as Twitter that Elon Musk purchased in 2022.
Meta to test ads on Threads in US and Japan
Meta Platforms will begin test launching ads on its social media platform Threads with a few brands in the U.S. and Japan, it said on Friday, as the app hits over 300 million monthly active users.
Meta to spend up to $65B on massive AI data center: ‘Defining year artificial itelligence'
Zuckerberg expects Meta's AI assistant — available across its services, including Facebook and Instagram — to serve more than 1 billion people in 2025.
Meta profits from known pro-Russian disinfo network: researchers
Social media giant Meta made hundreds of thousands of dollars last year from content posted by a well-known pro-Russian disinformation network, researchers have claimed.
Meta Will Spend Record $60 Billion On AI This Year, Zuckerberg Says—After Trump Announces Stargate Deal With OpenAI
Meta will rapidly ramp up its spending in 2025 as part of its artificial intelligence push, according to its centibillionaire CEO Mark Zuckerberg announced Friday, as the battle between Meta and its generative AI competitors including OpenAI and Elon Musk's xAI comes to the forefront this week with President Donald Trump's announcement of the $500 billion “Stargate” joint venture with OpenAI.
Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth
Meta CEO Mark Zuckerberg on Friday announced the company plans to invest around $60 to $65 billion in capital expenditure this year as it builds out its AI infrastructure. Meta is building a large datacenter that "would cover a significant part of Manhattan" to power its AI offerings and will end the year with 1.3 million GPUs, Zuckerberg said.
Meta CEO Mark Zuckerberg Strikes Back. He Raises AI Spending Guidance After Stargate.
“This will be a defining year for AI,” the CEO wrote in a Facebook post.
Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end
Meta CEO Mark Zuckerberg said that the company plans to significantly up its capital expenditures this year as it aims to keep pace with rivals in the cutthroat AI space.
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies' accelerating investments into AI.
