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Meta Smashes Q2 Expectations

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

Meta Platforms CEO Mark Zuckerberg expects to deliver “personal superintelligence for everyone” but his ambitious bets on AI are impacting the company’s cash flows and are likely to hit expenses even harder as Meta soups up its AI capabilities and continues its hiring spree .

Variety on MSN · 5h

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.

Business Insider · 2h

Here's why Meta CEO Mark Zuckerberg says the company has 'all the ingredients' to build superintelligence

Meta CEO Mark Zuckerberg gave details about its new superintelligence strategy as the company pours billions into data centers and talent.

Meta, Wall Street and AI

Forbes on MSN · 5h

Meta Q2 Revenue Smashes Wall Street’s Estimates In 10th-Straight Earnings Beat

Second-quarter earnings and revenue data released Wednesday by Meta were well above analyst expectations, marking the 10th-straight quarter in which Meta reported a profit beat as the company invests more in artificial intelligence.

Markets Insider on MSN · 1d

Wall Street is bullish on Meta's Q2 performance ahead of its earnings report: 'One of the best AI opportunity stocks'

Wall Street expects a strong Q2 earnings report from Meta. Analysts are watching for AI updates. Concerns include rising capex and increased hiring.

NBC New York · 1d

Meta's AI spending spree is Wall Street's focus in second-quarter earnings

Meta investors will be scrutinizing CEO Mark Zuckerberg’s AI hiring blitz during the company’s second-quarter earnings on Wednesday.

Mark Zuckerberg Details Meta’s Plan for Self-Improving, Superintelligent AI

Meta CEO Mark Zuckerberg told investors that his new research lab will focus on building AI models that can learn with ...

1hon MSN

Meta is playing the AI game with house money

Mark Zuckerberg’s AI hiring spree is costing a lot of money. His investors don’t care. Meta’s stock price shot up over 10 ...

2hon MSN

Meta Seizes Its Moment to Spend More Aggressively in the AI Race

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

1hon 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 ...

3hon MSN

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, ...

4hon 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 ...

Mark Zuckerberg Says Meta’s AI Seems to Be Getting Smarter on Its Own

Years removed from the failed promises of the metaverse, Zuckerberg has gone all-in on AI, hiring former Scale AI CEO ...

10hon MSN

Apple loses fourth AI researcher in a month to Meta’s superintelligence team

Bowen Zhang, a key multimodal AI researcher at Apple, left the company on Friday and is set to join Meta’s recently formed ...

8hon MSN

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

Meta CEO Mark Zuckerberg shared his vision on Wednesday for “personal superintelligence,” the idea that people should be able ...

Meta, Microsoft face investor scrutiny over AI spending binge

Earnings season for a handful of megacap tech firms has morphed into capex season with the AI arms race showing no signs of ...