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Meta Smashes Q2 Expectations

Meta Smashes Q2 Expectations as Zuckerberg Touts AI Future: Company Will ‘Bring Personal Superintelligence to Everyone’

Meta now reaches nearly 3.5 billion users across Facebook, Instagram and other apps. And Mark Zuckerberg says the company's mission is to bring AI "personal superintelligence" to all of them.

Fortune on MSN · 1d

Meta’s Mark Zuckerberg laid out his AI vision that outperformed Q2 expectations and sent shares soaring

The social media giant spent $17 billion on capital expenditures during the quarter, mostly on AI infrastructure and data centers and it expects to continue to spend heavily throu

Engadget on MSN · 1d

Mark Zuckerberg shares a confusing vision for AI 'superintelligence'

Mark Zuckerberg has spent the last several months and several billion dollars recruiting prominent AI researchers and executives for a new "superintelligence" team at Meta. Now, the Meta CEO has published a lengthy memo that attempts to lay out his big plan for using the company's vast resources to create "personal superintelligence.

Meta Stock Surges

MarketWatch · 6h

Meta's stock jumps into record territory, as earnings blow past expectations

Meta posted a second-quarter profit that beat expectations by a wide margin, and revenue that topped forecasts for a 12th-straight quarter, as active users, ad impressions and ad prices all rose. The company also provided a revenue outlook for the current quarter that was better than forecast.

U.S. News & World Report · 1d

Meta Stock Surges After Q2 Results Blow Past Expectations Despite Heavy AI Spending

In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, buoyed by growing ad revenue even as its expenses increased

Barron's · 16h

Meta Stock Surges Near Record High. Everything to Know About the Facebook Parent’s Blowout Earnings.

Meta Platforms, parent of Facebook and Instagra, stock surged after the social-media company blew out second-quarter earnings expectations.

Meta, AI and superintelligence

TechCrunch on MSN · 1d

Zuckerberg signals Meta won’t open source all of its ‘superintelligence’ AI models

Meta is shifting how it plans to ensure widespread access to superintelligence, a suggestion that the company’s most advanced AI may remain closed so that Meta can stay in the driver’s seat.

Reuters on MSN · 2d

Meta's year of bold 'superintelligence' bets unlikely to pump profits

It's crunch time for Mark Zuckerberg as he pulls out all the stops to stay relevant in Silicon Valley's intensifying advanced artificial intelligence race.

CNN · 1d

Meta’s ‘superintelligence’ isn’t here yet. But its AI bets are already paying off

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 results,

1don MSN

Meta to spend up to $72B on AI infrastructure in 2025 as compute arms race escalates

Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said ...

22hon MSN

Meta shares jump as AI fuels ad sales, outweighing big capital costs

Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...

12hon MSN

Meta chief AI scientist Yann LeCun says Elon Musk risks 'killing breakthrough innovation' at xAI. Here's why.

Meta's chief AI scientist, Yann LeCun, disagreed with Elon Musk's latest take on the difference between engineers and ...

Meta Is Going to Let Job Candidates Use AI During Coding Tests

Meta told employees that it is going to allow some coding job candidates to use an AI assistant during the interview process, ...

1don MSN

Meta Shares Soar as Ad Business Continues to Fuel AI Ambitions

The company held its top capital-spending projections steady for the first time this year, an issue investors have watched ...

18hon MSN

Meta Seizes Its Moment to Spend Aggressively in the AI Race

Meta Platforms Inc. is taking advantage of its lucrative advertising business and stepping up spending next year, with ...

5hon MSN

Nvidia AI outlook shifts on Meta Platforms, Microsoft plans

Nvidia shares sold off sharply this spring, fueled by increased worry that spending on artificial intelligence infrastructure ...