Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.

Revenue grows to $48.4 billion, helping fuel the chief executive’s bets on augmented reality and artificial intelligence.

Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its ...

DeepSeek’s new AI model—and how it impact Meta’s spending—will be of great interest when the Facebook parent reports earnings ...

Chinese startup DeepSeek’s launch of its latest AI models triggered a selloff in global tech stocks this week on concerns ...

Meta reports record profits and revenue in 2024, driven by ad growth and plans massive AI infrastructure investment.

Meta earned $8.02 per share, or $20.84 billion, over the three months ending in December, handily topping Wall Street's $6.77 ...

This month, Zuckerberg also announced that Meta will shut down its third-party fact-checking teams in an effort to “restore ...

Meta AI chatbot is becoming more useful with the company’s latest AI update, with the introduction of the new Memory Boost ...

Not only did Meta (META) stand by its forecast for $60 billion to $65 billion in capital expenditures this year, which Chief Executive Mark Zuckerberg first shared on Facebook last week, but ...

Meta beat on key fourth quarter numbers but forecasts for the current first quarter disappointed a bit as investors wait to ...

Privacy experts note that Meta ‘s approach to AI memory includes robust security measures to protect user data. The company ...