Meta has announced a significant increase in capital expenditure to bolster its AI infrastructure, aiming for ...
Meta stock rose after Q4 earnings beat estimates, offsetting big capex spending. The company's call with analysts will kick ...
The social media giant continues to fire on all cylinders.
Meta said its capital expenditures could nearly double to $135bn this year as part of its increasingly radical AI spending ...
Jan 28 (Reuters) - Meta on Wednesday forecast its annual capital ‌expenditure ​to increase sharply, as the social ‌media ...
Instagram-owner Meta boosted its capital spending plans for the new year by 73% in the pursuit of "superintelligence." ...
Jan 28 (Reuters) - Meta on Wednesday forecast its annual capital expenditure to increase sharply, as the social media giant ...
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Meta boosts annual capex sharply on superintelligence push
The Instagram owner boosted its capital spending plans by 73% in an effort to offer deeply personalised AI to its large social media user base.
That would be a major jump from $72 billion last year, as the tech giant aims to compete in the artificial intelligence race.
Do you believe that META stock is a solid long-term investment at its current price? How do you feel about buying it at a 30% ...
Meta, the owner of Facebook and Instagram, posted a 25% lift in advertising revenue to $US58.137 billion in the December ...
Meta Platforms, Inc. Q4 earnings beat expectations with strong revenue, user growth and ad momentum. Click for this updated ...
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