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Meta, AI and Q2

Meta Q2 earnings recap: Stock surges 12% after hours on strong results as AI talent costs heat up

Meta's strong earnings report sent its stock soaring after hours. The company also made it clear that the AI talent wars come with a hefty price tag.

Associated Press News on MSN · 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.

Benzinga on MSN · 12h

Meta Beats Q2 Earnings Estimates, Issues Strong Guidance, Shares Surge To New Highs

Meta reported second-quarter revenue of $47.52 billion and earnings of $7.14 per share, both surpassing analyst estimates, according to Benzinga. Total revenue rose 22% year-over-year, driven by a 6% increase in daily active users,

Mark Zuckerberg’s Meta surges

Wired · 1d

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 minimal human input.

Inc.com on MSN · 1d

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 Alexandr Wang to lead a new “superintelligence” team at Meta, poaching top performers from rival firms like OpenAI and Apple, and making deals to build massive AI infrastructure projects.

Opinion

Insider · 13h

Meta CEO Mark Zuckerberg is backsliding on the company's open-source approach to AI. It's a sensible pivot.

The Meta CEO is signaling a major strategic shift in the company's approach to generative AI.

6hon 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 ...

19hon 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 ...

1don 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 ...

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 ...

1don 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 ...

1don MSN

Meta faces Italian competition investigation over WhatsApp AI chatbot

Italy's antitrust authority said Meta may have violated European Union competition rules by integrating its Meta AI assistant ...

1don 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 ...

16m

AI Race Gets Hotter: Meta, Google, OpenAI battle it out to recruit talents — And they are offering millions! Here's why

Meta CEO Mark Zuckerberg, in his quest to recruit AI talents, offered 24-year-old Matt Deitke around $125 million in stock ...

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Meta, AI and Q2

Mark Zuckerberg’s Meta surges

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