Meta raised the bottom end of its annual capital expenditures forecast by $2 billion, to a range of between $66 billion and $72 billion, as CEO Mark Zuckerberg told analysts on a call that AI was ...

July 30 (Reuters) - Wall Street's AI heavyweights added a combined half a trillion dollars in stock market value late on Wednesday after quarterly reports from Microsoft (MSFT.O) and Meta ...

Meta's spending rises amid AI talent war and slow profit growth Company's AI strategy faces challenges from competition and uncertain superintelligence timeline Meta's ad market faces threats from ...

NEW YORK (Reuters) -Meta Platforms has appointed Shengjia Zhao, co-creator of ChatGPT, as chief scientist of its Superintelligence Lab, CEO Mark Zuckerberg said on Friday, as the company ...

By Nikhil Sharma and Pranav Kashyap (Reuters) -S&P 500 and Nasdaq futures climbed to record levels on Thursday, after blockbuster earnings from Meta and Microsoft signaled Big Tech's hefty ...

MILAN (Reuters) -Italy's antitrust authority said on Wednesday it had launched an investigation into Meta Platforms over allegations the company abused its dominant position by installing its ...

BRUSSELS, July 30 (Reuters) - Alphabet's (GOOGL.O) Google will sign the European Union's code of practice which aims to help companies comply with the bloc's landmark artificial intelligence rules ...

(Reuters) -Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once more powered its core advertising business, sending its shares ...

Meta raised the bottom end of its annual capital expenditures forecast by $2 billion, to a range of between $66 billion and $72 billion, as CEO Mark Zuckerberg told analysts on a call that AI was ...