Meta Platforms plans to spend $115 billion-$135 billion on capital expenditures this year, much of which will go to AI. It's the clearest signal from a hyperscaler this year that the AI boom will ...

Here’s what could happen to Meta shares next. Meta beat consensus estimates for Q4. Q4 revenue was $59.89 billion, an increase of 24% year over year. Bank of America reset its Meta price target. Meta ...

Meta CEO Mark Zuckerberg made the case for his company's continued AI expansion — and its need to continue scaling infrastructure — after Meta's fourth-quarter earnings on Wednesday included a revenue ...

Meta reported fourth-quarter earnings on Wednesday that topped estimates and issued stronger-than-expected sales guidance. The stock popped as much as 10% in after-hours trading. Meta said it expects ...

Jan 23 (Reuters) - Meta Platforms (META.O), opens new tab said on Friday it will suspend teenagers' access to its existing AI characters across all of its apps worldwide, as it builds an updated ...

Both tech companies are funding massive AI buildouts and could see strong long-term returns from these investments. But one stock edges out the other in a head-to-head comparison. But which of these ...

Meta is laying off 331 workers in the Puget Sound region as part of broader cuts to its virtual reality division. The Facebook parent company last week said it was cutting about 10% of its ...

Imagine yourself on an isolated mountain pass. The wind is whipping, the air is thin, there is nothing around you except the sky and the sound of your feet hitting the craggy ground. Many of us have ...

Meta continues to trickle out the bad news for VR. Meta continues to trickle out the bad news for VR. is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent ...

At least 1,000 jobs were cut as Meta pivots its attention away from the metaverse. At least 1,000 jobs were cut as Meta pivots its attention away from the metaverse. is a news writer covering all ...

Jan 12 (Reuters) - Meta (META.O), opens new tab has announced its "Meta Compute" initiative to build artificial intelligence infrastructure and oversee the social media company's global fleet of data ...