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Meta Boosting Capital Spending To $115 Billion In Pursuit Of 'Superintelligence'
Instagram-owner Meta boosted its capital spending plans for the new year by 73% in the pursuit of "superintelligence."
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forbes.com
Meta Beats Wall Street’s Q4 Revenue Estimates—As AI Spending Rises
The company previously said it would rapidly increase spending to meet AI goals.
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huffpost.com
Meta Boosting Capital Spending To $115 Billion In Pursuit Of 'Superintelligence'
Instagram-owner Meta boosted its capital spending plans for the new year by 73% in the pursuit of "superintelligence."
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cnbc.com
Meta's Mark Zuckerberg gets green light from Wall Street to keep pouring money into AI
Meta's stock pop following the company's latest earnings beat is a sign that investors are OK with hefty AI spending as long as the core business stays strong.