Meta Platforms plans ... billion this year to build out AI infrastructure, CEO Mark Zuckerberg said today, joining a wave of Big Tech firms unveiling hefty investments to capitalise on the technology.

Meta Platforms reported better-than-expected sales in the second quarter, signalling that the company’s investments in artificial intelligence (AI) are helping it sell more targeted ads.

Meta’s aggressive investments in AI are beginning to bear fruit across its product ecosystem. The company has made significant strides with its open-source AI model, Llama, and has integrated AI ...

Investing.com -- The social media conglomerate Meta may be considering a shift in its artificial intelligence (AI) spending strategy due to the emergence of China's DeepSeek, according to eToro ...

that's where we see all of this going," he added. Hayes said AI investment will be a "priority" for Meta over the next two years to help make its platforms "more entertaining and engaging" for users.

There are no guarantees here, but Meta Platforms’ AI investments will probably yield the desired results in the long run. Still, it’s fine for the shareholders to keep tabs on Meta Platforms ...

Llama is the name of Meta's main series of AI foundation models, which power a growing suite of generative AI products on the company's social media platforms. "We believe expanding our portfolio to ...

Meta shares achieve unprecedented 16-day winning streak as AI investments drive growth ... See full non-independent research disclaimer and quarterly summary.

Meta chief financial officer Susan Li said that third quarter revenue will be in the range of $38.5bn to $41bn while expenditures rise as the company continues to invest heavily in AI.