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If Meta investors had concerns about the company’s huge spending on artificial intelligence infrastructure and talent, they’re likely to be assuaged by its blockbuster earnings report on Wednesday.
The Facebook, Instagram and WhatsApp-owner is pumping billions of dollars into artificial intelligence projects.
Meta and Microsoft added over $500bn in value overnight, with soaring share prices driven by AI momentum, cloud computing growth and bullish investor sentiment.
In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, ...
The Secret to Meta’s AI “Superintelligence” Vision Meta Platforms (NASDAQ:META) delivered a stellar second-quarter earnings ...
Wall Street has been tempering their expectations for rate cuts at the Fed’s next meeting in September. Traders now see a ...
Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...
Meta Platforms is prowling for partnerships with startups that use artificial intelligence to create and edit videos, as the ...
Shares in artificial intelligence heavyweights Microsoft and Meta Platforms both surged in European trading on Thursday, ...
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A Meta executive is heading to BBC News to oversee its adoption of AI. Anjali Kapoor was previously Meta’s Director for Media ...
Meta Platforms and Broadcom are at the center of the artificial intelligence revolution, and that could help both companies ...