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    • Mark Zuckerberg

    Meta's Mark Zuckerberg seems surprised by the pace of spending on AI
    Update Information

    Meta's Mark Zuckerberg seems surprised by the pace of spending on AI

    Mark Zuckerberg, CEO of Meta Platforms Inc., arrives at the Meta Connect event in Menlo Park, California on September 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta has built its massive data center and computing infrastructure for…

    Posted on Kathleen William
    Meta beats revenue targets but warns of “significant” spending cap next year
    Update Information

    Meta beats revenue targets but warns of “significant” spending cap next year

    Meta beat Wall Street's sales and profit targets in the third quarter and forecast a strong year-end finish for the holiday quarter. But the company's plans to continue investing heavily in AI infrastructure and increasing headcount may have dampened investor…

    Posted on Kathleen William

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