Meta Platforms Inc. is targeting at least $25 billion in a bond sale, Bloomberg news reported on Thursday citing people ...
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Meta’s stock slide erases $215 billion in market value, as Wall Street pans ‘runaway’ AI spending
Meta’s spending is hard to rationalize, some analysts say, as it’s uncertain whether heavy investments in AI will generate ...
Mark Zuckerberg pledged that Meta Platforms Inc. will spend even more aggressively on artificial intelligence in the year ...
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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.
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Meta plans to spend up to $72 billion on AI infrastructure this year, with CEO Mark Zuckerberg defending the long-term ...
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Meta forecasts bigger capital costs next year as Zuckerberg lays out aggressive AI buildout
On Wednesday, Alphabet and Microsoft also signaled higher AI investments. OpenAI CEO Sam Altman on Tuesday said he would ...
U.S. Federal Reserve Chairman Jerome Powell bifurcated the stock market yesterday when he delivered a 0.25% rate cut that the ...
Your Meta -owned feeds — Instagram and Facebook, notably — may soon feature even more content generated by artificial ...
The Facebook parent’s business model sparks more questions about the eventual payoff than rivals such as Google and Microsoft ...
The move comes after Strike 3 Holdings discovered illegal downloads of some of its adult films on Meta corporate IP addresses ...
Meta has laid off 600 employees in its AI unit as it restructures operations and consolidates leadership under Wang Jian to ...
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