Meta stock got a much friendlier investor response with its Q4 report, despite raising AI spending estimates.

By Jaspreet Singh Jan 28 (Reuters) - Instagram-owner Meta on Wednesday boosted its capital spending plans for this year by 73 ...

Meta’s earnings beat expectations, but investors question whether its $135 billion AI push will pay off after metaverse losses and rising competition.

Chief executive Mark Zuckerberg has ambitious plans to outpace rivals such as ChatGPT developer OpenAI, as well as Google and Elon Musk's company xAI, in the AI race.

Meta is amplifying its capital expenditure by 73% to develop 'superintelligence,' achieving a 24% advertising revenue surge.

That would be a major jump from $72 billion last year, as the tech giant aims to compete in the artificial intelligence race.

FILE - Meta CEO Mark Zuckerberg speaks during the company's Connect developer conference Wednesday, Sept. 17, 2025, in Menlo Park, Calif. HONG KONG (AP) — China said on Thursday it would assess and ...

Mexican President Claudia Sheinbaum on Tuesday blamed Meta, the parent company of Instagram, for failing to add an AI label ...

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Instagram-owner Meta boosted its capital spending plans for the new year by 73% in the pursuit of "superintelligence." ...