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Meta, AI spending

Meta’s blowout earnings show why investors shouldn’t sweat a boost to AI spending

Meta raised its capital-expenditure forecast, but it’s also posting strong enough revenue growth to support that spending.

Investopedia on MSN · 6h

Meta Boosts Spending Plans to Grow Its AI Capacity

America's tech giants aren't showing signs of slowing AI spending plans despite a stretch of economic uncertainty that has meant tough times for technology shares. After Meta Platforms (META) late Wednesday reported better-than-expected quarterly earnings,

Capital Brief on MSN · 7h

Meta results beat expectations, lifts AI spending

Meta reported first-quarter sales of US$42.31 billion ($66.2 billion), beating Wall Street estimates of US$41.4 billion, with earnings per share of US$6.43 versus US$5.28 expected, according to LSEG data.

Meta unveils ChatGPT rival app

Associated Press News on MSN · 23h

Meta launches AI app, Zuckerberg chats with Microsoft CEO Satya Nadella at developer conference

Meta Platforms Inc. is hosting its first generative artificial intelligence conference for developers, LlamaCon, on Tuesday.

USA TODAY on MSN · 1d

Meta launches standalone AI app rivaling OpenAI's ChatGPT

The technology giant, which owns Facebook and Instagram, announced the launch of the Meta AI app on April 29. It's an expansion of the existing generative AI chatbot built into the company's social media apps. But instead of being an added feature, the new app gives users a dedicated platform to use the technology.

Forbes on MSN · 1d

Here’s What To Know About Meta’s Standalone AI App To Rival ChatGPT

The artificial intelligence tool uses the fourth iteration of Meta’s Llama model, which Meta has touted as being more cost-efficient than competitors like ChatGPT and Gemini.

Meta beats estimates for 1st-quarter revenue

Associated Press News on MSN · 5h

Meta’s first quarter earnings, revenue beat Wall Street’s expectations

Instagram and Facebook parent Meta Platforms Inc. posted better-than-expected results Wednesday for the first quarter thanks to strong advertising revenue on its social media platforms.

Reuters on MSN · 8h

Meta beats estimates for first-quarter revenue

Meta Platforms beat Wall Street estimates for first-quarter revenue on Wednesday, signaling that its artificial intelligence-powered tools helped pull in advertising dollars despite tariff-related economic growth fears.

SiliconANGLE · 3h

Meta Platforms crushes Wall Street’s earnings and revenue targets

Facebook and Instagram parent company Meta Platforms Inc. delighted investors today as it crushed analyst’s targets on earnings and revenue, sending its stock higher in extended trading. The company reported first-quarter earnings before certain costs such as stock compensation of $6.

Meta Is Turning Its Ray-Bans Into a Surveillance Machine for AI

When reached by Gizmodo for comment, a spokesperson for Meta clarified that photos and videos captured on Ray-Ban Meta not ...

8hon MSN

Meta executive apologizes to conservative anti-DEI activist for AI responses

An executive at Meta has issued an apology to conservative influencer Robby Starbuck, who said Meta’s AI chatbot gave ...

5hon MSN

Conservative activist Robby Starbuck sues Meta over AI responses about him

Conservative activist Robby Starbuck has filed a defamation lawsuit against Meta alleging that the social media giant's ...

6hon MSN

Meta executive apologizes after conservative activist Robby Starbuck sues over AI chatbot responses

A Meta executive apologized to lobbyist Robby Starbuck on behalf of the company’s artificial intelligence (AI) engine ...

CNET on MSN1d

With 'Hey Meta,' Ray-Ban Wearers Will Unlock All-New AI Abilities — and Privacy Concerns

The Meta smart glasses from Ray-Ban will soon be able to hold conversations about exactly what you're seeing or hearing ...

7hon MSN

Meta, Microsoft reports lift AI-related stocks

Shares in artificial intelligence and cloud-computing-related companies were rising sharply in late trade on Wednesday after ...

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