Mark Zuckerberg lost about $29.2 billion as Meta's AI spending spooked investors, knocking him two spots down on Bloomberg's ...
17hon MSN
Investors are growing skeptical of colossal AI-spending plans by tech giants like Meta and Microsoft
Meta and Microsoft said they planned to spend even more on AI in 2026, and fears of a bubble keep mounting.
17hon MSN
Meta leans into AI in your feeds
Your Meta -owned feeds — Instagram and Facebook, notably — may soon feature even more content generated by artificial ...
Social media giant Meta Platforms will raise up to $30 billion in its biggest bond offering ever, it said in a filing on ...
U.S. Federal Reserve Chairman Jerome Powell bifurcated the stock market yesterday when he delivered a 0.25% rate cut that the ...
Mark Zuckerberg pledged that Meta Platforms Inc. will spend even more aggressively on artificial intelligence in the year ...
On Wednesday, Alphabet and Microsoft also signaled higher AI investments. OpenAI CEO Sam Altman on Tuesday said he would ...
The Facebook parent’s business model sparks more questions about the eventual payoff than rivals such as Google and Microsoft ...
Three of the biggest US tech companies reported record profits and record infrastructure spending on Wednesday, fueling ...
Some companies, like Nvidia, are viewed as AI winners by Wall Street. Others, like Apple, have been deemed AI laggards. But ...
Meta CEO Mark Zuckerberg doesn't want investors to worry about how much his company is spending on artificial intelligence, ...
Meta Platforms stock was down more than 8% in after-hours trading following a mixed earnings report from the Facebook parent.
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