Mark Zuckerberg, CEO of Meta, argued in a Wall Street Journal opinion piece that artificial intelligence should be distributed widely to empower individuals rather than concentrated among a few powerf…
Mark Zuckerberg, CEO of Meta, wrote in a Wall Street Journal op-ed that within the next few years people will be able to use superintelligence beyond human capacity to create, discover, and improve li…
Meta reported a 91 percent drop in second-quarter free cash flow to $784 million, down from $8.55 billion a year earlier, as CEO Mark Zuckerberg’s AI spending spree continues to strain finances. The c…
A backlash is brewing against Anthropic across Silicon Valley, according to The Wall Street Journal, as the company founded by former OpenAI executives to build safer AI faces accusations of using saf…
Meta stock tumbled nearly 9% on Thursday after the company reported a 91% plunge in free cash flow to $784 million and plans to spend up to $145 billion this year on AI infrastructure, extending a rec…
Meta is exploring an AI cloud business to lease its excess computing capacity to outside firms, CEO Mark Zuckerberg confirmed on July 9, with a potential two-year, $10 billion deal with Anthropic unde…
Microsoft's stock surged more than 15% after the company reported better-than-expected Q4 earnings, with Azure revenue topping $100 billion for the first time and accelerating growth of 43%, while Met…
Meta Platforms CEO Mark Zuckerberg outlined an AI strategy backed by $115 billion to $135 billion in capital expenditures for 2026, nearly double the prior year, shifting from open-source models to pr…
Meta CEO Mark Zuckerberg predicted that billions of people will use AI agents to automate their lives within five years, including managing relationships, households, finances, and health. The claim c…
Meta is developing a new initiative called Meta Compute to lease its excess AI infrastructure to outside clients, putting it in direct competition with AWS, Microsoft Azure, and Google Cloud. The comp…
Meta plans to spend between $125B and $145B on AI infrastructure in 2026, with CEO Mark Zuckerberg confirming that AI tools now generate most of the company's code and are accelerating product develop…
Meta Platforms Inc. shares fell more than 10% to $524.49 after the company issued a third-quarter revenue forecast of $61 billion to $64 billion, below the average analyst estimate of $63.2 billion, a…
Meta disclosed $278.99 billion in future lease obligations for AI data centers in its quarterly securities filing, a 53% jump from $182.88 billion three months earlier. The company added $68 billion i…
Meta CEO Mark Zuckerberg said during the company's second-quarter earnings call that AI is enabling faster app development, with new standalone apps like Instagram Instants, Forum, and Seller already …
Cambridge Analytica's former website, CambridgeAnalytica.org, has been resurrected as an AI-powered content farm rebranded as CA Privacy Watch, according to a 404 Media investigation. The site churns …
Meta shares tumbled after Mark Zuckerberg's latest pitch for AI agents, signaling investor skepticism about the gap between the company's AI agent hype and market reality.…
Meta CFO Susan Li told analysts the company is not providing a specific outlook for 2027 capital expenditures, tightening 2026 capex to $135 billion-$145 billion, which fueled AI overspending fears an…
Mark Zuckerberg published a Wall Street Journal op-ed on July 28 arguing that superintelligent AI must reach individuals rather than concentrate among a few institutions, using a thought experiment wh…
Meta CEO Mark Zuckerberg said on the company's Q2 earnings call that a 'significant portion' of its compute will go toward training AI models and powering agents, but the company also expects to grow …
Meta Platforms reported second-quarter profit of $15.85 billion, down 14% from a year earlier, as legal expenses and severance costs weighed on results, while revenue grew 28% to $60.8 billion. The co…