White House to meet OpenAI, Anthropic, Google, Meta
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Mark Zuckerberg revealed Meta is getting premium offers for its AI compute. Here's what it means for the Anthropic deal, Meta cloud and META stock outlook.
The Meta founder is looking to have his cake and eat it too by acquiring short-term revenue from compute, while playing the long game.
Meta just posted 28% revenue growth and investors sold the stock hard anyway, spooked by soaring infrastructure spend and a murky AI strategy. Before you join the panic, consider what Wall Street may be getting badly wrong about where Meta is actually headed.
For capital expenditures, Meta narrowed its guidance for the year to between $130 billion and $145 billion from a prior range of $125 billion to $145 billion. With Meta pouring money into artificial intelligence infrastructure, Meta's free cash flow dwindled to $784 million in the quarter from $8.55 billion a year earlier.
Meta might be trying to make its smart glasses less creepy, but if recent reports are any indication, it’s still got some work to do. It turns out, as Engadget details, that the capture LED on the company’s smart glasses—intended to inform people that they’re being recorded—can easily be obscured.
Mark Zuckerberg's Meta has gone through multiple rounds of layoffs in recent years. Here's a timeline of staff cuts and hiring freezes at the company.
Meta is refusing to disclose calculations showing how much it expects to invest, how many permanent jobs it will create and how much electricity its planned Richland Parish data center will consume. The dispute is part of Entergy Louisiana’s application to build a massive portfolio of power plants,
Meta's first-half 2026 revenue hit $117 billion, driven by AI-powered advertising and engagement growth. Read the full analysis for more details.
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Meta sinks 8%, continuing record losing streak, while Microsoft jumps 15% as AI trade splits
Microsoft posted strong Azure and Copilot growth, while Meta missed revenue guidance forecasts as free cash flow plunged leading to diverging stock moves.
An environmental group argues Louisiana officials did not account for all of the harmful emissions Meta’s data center in Richland Parish will produce when it approved the facility’s Clean Air Act
The social media stock has fallen by more than 20% in the past 12 months.