Meta to invest up to $65 billion this year to power AI goals, Zuckerberg says
"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core products and business."
Oracle's AI Moonshot: Why Project Stargate Could Propel ORCL Stock Higher
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.
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Meta to invest up to $65bn in AI Infrastructure, CEO Mark Zuckerberg reveals
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 all-hands.
Mark Zuckerberg reveals thoughts on DeepSeek as Meta’s AI spending under scrutiny
Mark Zuckerberg wants you to know he has a big AI data center, too
Meta CEO Mark Zuckerberg expects to spend as much as $65 billion on AI in 2025 as part of a “massive effort” to further the company’s AI ambitions. Part of the plan includes a Louisiana data center that Zuckerberg says “is so large it would cover a significant part of Manhattan,” he wrote on Threads today.
Stock market today: Dow, S&P 500, Nasdaq move higher with Apple earnings in the wings
The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq Composite ( ^IXIC) was up nearly 0.3%.
Mark Zuckerberg teases a 2025 return to ‘OG Facebook’
Meta CEO Mark Zuckerberg teased a "return to OG Facebook" as part of his key goals for 2025 in Wednesday's Q4 earnings call with investors. While the
Stock market today: S&P 500, Dow rise but Nasdaq falters with Apple earnings in the wings
The S&P 500 ( ^GSPC) moved up roughly 0.3%, while the Dow Jones Industrial Average ( ^DJI) added 0.1%. The tech-heavy Nasdaq Composite ( ^IXIC) was little changed, in the wake of a losing day on Wall Street for the gauges.
When Did Brains Fall So Far Out of Fashion?
But what stays with me isn’t the overwrought antipathy between Elon Musk and Mark Zuckerberg, the tetchy tech titans who, in the summer of 2023, made noises — let’s call them grunts — about demonstrating their reciprocal disdain by squaring off and throwing down on the kind of stage used for Ultimate Fighting Championship events.
Reality Labs bleed grows but Zuckerberg vows ‘pivotal year’ for metaverse
Mark Zuckerberg said that 2025 will be a “pivotal year for the metaverse” as Meta's Reality Labs' losses reach $60 billion since 2020.
Mark Zuckerberg says this is a make-or-break year for Meta's AI glasses
Meta — and the rest of Big Tech — has been chasing face computers for years. Maybe 2025 will be the year it happens?
What Wall Street is saying about Meta ahead of earnings
Meta Platforms (META), the parent company of Facebook, Instagram, WhatsApp, Oculus, Threads and other brands, is scheduled to report fourth
Tech Giants Have Been Spending Big on AI. Will DeepSeek Change That?
The meteoric rise of Chinese start-up DeepSeek may have shaken Wall Street's confidence in some favorite trades, but it’s unlikely to change the immediate outlook for the spending that has fueled the AI rally,