Meta and Microsoft just posted strong earnings, and a common thread is clear: aggressive investment in AI. From infrastructure to ad algorithms, artificial intelligence is becoming a powerful growth ...
Both Meta and Microsoft have been investing heavily in artificial intelligence infrastructure in recent years, and the companies said they expect to continue to shell out billions in capital ...
Microsoft and Meta have teamed up to bring a limited-edition Meta Quest 3S Xbox edition. Amid the console wars continuing to heat up with the highly successful and record-breaking launch of the ...
Microsoft boasts a 20-year streak of consecutive annual dividend increases. Meta's dividend is new and unproven, but it's backed by strong free cash flow and rapid business growth, giving it ...
(Reuters) -Wall Street's AI heavyweights added a combined half a trillion dollars in stock market value late on Wednesday after quarterly reports from Microsoft and Meta Platforms showed massive ...
Shares in Meta and Microsoft plunged Thursday after the tech giants announced plans to ramp up AI spending – and investors worried that the cash might not yield major payouts. Fears that artificial ...
LONDON (Reuters) -Shares in artificial intelligence heavyweights Microsoft and Meta Platforms both surged in European trading on Thursday, after blowout quarterly results after-market on Wednesday.
The world’s largest tech companies are ramping up their spending on artificial intelligence infrastructure, they revealed on earnings calls this week. As AI boosts Big Tech’s revenues, Wall Street’s ...
Hold on to that confetti, people; you might not be invited to this party. The recent market surge, driven by blowout earnings reports from Facebook parent Meta Platforms (META) and software giant ...
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