Meta said that it expected capex for the year to be between $66bn and $72bn, a slight tweak on a May forecast of $64-72bn.

Intel, Microsoft, Amazon, HPE, Meta, and NetApp were among the top companies in terms of tech layoffs in the first half of 2025.

Amazon, and Meta are aggressively investing in data centres, servers, advanced chips, and cloud computing infrastructure to ...

Meta and Microsoft added over $500bn in value overnight, with soaring share prices driven by AI momentum, cloud computing growth and bullish investor sentiment.

Mira Murati, founder of Thinking Machines Lab, has revealed that her entire 50-member team unanimously turned down lucrative job offers from Meta, including one ...

Meta's aggressive recruitment strategy with $100 million bonuses disrupts the AI industry, sparking debates on talent ...

The strategy only works for Meta if the company keeps printing money from advertising. So far, it is. Meta’s current-quarter ...

Vance apparently also really likes ‘Get Lucky’ by the electronic music duo Daft Punk, ‘You Are a Tourist’ by ’90s rock band Death Cab for Cutie, and ‘San Francisco’ by alternative rock band The Mowgli ...

The company is also accelerating its AI strategy with major hires, investments, and large-scale data center projects.

Meta said it expects costs to increase as it spends billions on infrastructure and luring highly compensated employees as it ...

Meta delivered 22% revenue growth to $47.52 billion as AI investments fuel improved ad monetization. On the earnings call, co ...

The developer and Guo couldn’t be reached for comment.