The Big Tech rivals are spending more than ever, but analysts are more concerned about Microsoft at the moment.
Meta reported fourth-quarter earnings on Wednesday that topped estimates and issued stronger-than-expected sales guidance.
By Jaspreet Singh Jan 28 (Reuters) - Instagram-owner Meta on Wednesday boosted its capital spending plans for this year by 73 ...
Meta stock rose after Q4 earnings beat estimates, offsetting big capex spending. The company's call with analysts will kick ...
Expenses for the Facebook and Instagram parent company grew 40% to $35.15 billion in the fourth quarter, but investors seem ...
Meta said its capital expenditures could nearly double to $135bn this year as part of its increasingly radical AI spending ...
That would be a major jump from $72 billion last year, as the tech giant aims to compete in the artificial intelligence race.
Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.
Meta’s new subscriptions and AI features could change how users create, share, and engage with content, reshaping the signals ...
The go-to VR headset for gaming and other immersive experiences is just $270, with 3 free months of Meta Horizon+ thrown in.
The company previously said it would rapidly increase spending to meet AI goals.
In a potentially bellwether case, a plaintiff alleges that social media companies deliberately design their platforms to ...