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Meta, Microsoft roar higher on strong earnings as AI spending booms
Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions in capital expenditures.
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techcrunch.com
Meta to spend up to $72B on AI infrastructure in 2025 as compute arms race escalates | TechCrunch
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said Wednesday in its second-quarter earnings report that it…
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usatoday.com
US stock futures higher after Meta, Microsoft results
Both companies are part of the so-called Magnificent Seven megacap, influential tech giants.
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independent.co.uk
Meta and Microsoft add $500bn to value overnight: ‘Investors are screaming with joy’
One expert said the surge was the sort ‘most companies can only dream of’
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cnbc.com
Meta, Microsoft roar higher on strong earnings as AI spending booms
Meta and Microsoft have been investing heavily in AI infrastructure in recent years, and are set to still shell out billions in capital expenditures.