Meta shares dropped after the company reported second-quarter earnings that missed on earnings per share. The company's revenue forecast also came in light. Meta narrowed its guidance for capital ...

Meta’s third-quarter net profit dropped by 83% due to a tax charge implemented as part of President Donald Trump’s One Big Beautiful Bill Act. The tech giant generated $51 billion in revenue for the ...

Meta Platforms Inc. is getting more serious in its efforts to challenge leading artificial intelligence labs Anthropic PBC ...

Meta is pursuing a new frontier AI model, codenamed Avocado, that could be proprietary instead of open source, CNBC has learned. The company is trying to keep pace with artificial intelligence rivals ...

When CEO Mark Zuckerberg warned Meta employees in January to "buckle up" for an "intense" year, he meant it. Determined to dominate the next era of AI, Meta has spent the past year in blitz mode.

Meta's earnings delivered a familiar message to investors: Expect capex spending to balloon to new heights as the company sprints full tilt in the AI race. The company delivered a beat for the first ...

Whatever you want to say about Meta and its various company policies (trust me, we've said plenty), there is one indisputable fact. Meta has already won the smart glasses race. By partnering with ...