Meta Blows Past Q4 Expectations With Record Revenue and Profit as Zuckerberg Touts Massive AI Investment
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
NextBigFuture6h
META Custom AI Inference Chips MTIA for a META AI Personal Assistant
Meta revealed they have AI inference accelerators that they are designing in-house specifically for Meta’s AI workloads. Deep learning recommendation ...
What is DeepSeek? Get to know the Chinese startup that shocked the AI industry
DeepSeek is a Chinese AI startup that recently launched a competitive new AI model, R1, with impressive capability at a lower ...
USA Today6d
Meta to invest up to $65 billion this year to power AI goals, Zuckerberg says
Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said on Friday, joining a wave of Big Tech firms unveiling hefty ...
Meta Sends Mixed Signals as Quarterly Sales Beat Estimates but Outlook Muted
Meta shares were flat after the market closed but rose as CEO Mark Zuckerberg spoke optimistically about Meta's AI ...
Meta Platforms price target raised to $800 from $725 at Raymond James
Raymond James analyst Josh Beck raised the firm’s price target on Meta Platforms (META) to $800 from $725 and keeps a Strong Buy rating on the ...
Meta CEO Mark Zuckerberg says DeepSeek will 'benefit' the company and the future of its AI business
Meta CEO Mark Zuckerberg and CFO Susan Li spoke of the benefits of DeepSeek's flagship AI model to its company in a leaked ...