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

Meta CEO Mark Zuckerberg explained on the earnings call how the speed of Meta's AI technology buildout led the company to lift guidance for capex.

Business - CNBC - 5 hours ago

Meta Earnings Show Revenue Increase, Even as Spending Spree Continues

The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.

Business - The New York Times - 8 hours ago

Meta sees AI spending accelerating as earnings top forecasts

Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technology

Business - Financial Times - 9 hours ago

Meta misses on user growth, warns of 2025 jump in AI spending

Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.

Business - CNBC - 7 hours ago

Apple, Meta and Amazon must show the stock market that AI spending is paying off

Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.

Business - MarketWatch - 9 hours ago

Meta bans jet-tracking accounts that post updates on Trump, Musk and Zuckerberg

Meta followed Elon Musk's lead, banning jet-tracking accounts run by Jack Sweeney. The accounts posted locations of jets used by Donald Trump and Taylor Swift.

Meta Bans Accounts That Track Celebrity Jet Travel, Including for Zuckerberg

The suspensions mirror decision Elon Musk made in 2022 to ban similar accounts on Twitter after he acquired the platform.

Tech - The Wall Street Journal - October 22

Trump says he likes Mark Zuckerberg 'much better now'

Former President Trump said he likes Meta CEO Mark Zuckerberg “much better now,” as the head of Facebook and Instagram increasingly looks to stay out of politics. “I actually believe he’s staying ...

Politics - The Hill - October 15

Why Meta and Snap are spending billions on AR glasses

Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.

Business - CNBC - 6 days ago

Jet-tracker who watched Zuckerberg, Trump, Musk says Meta has banned his accounts

Meta has removed accounts that track the plane movements of its CEO Mark Zuckerberg, X owner Elon Musk, Jeff Bezos, Kim Kardashian, former President Trump and others, account owner Jack Sweeney ...

Politics - The Hill - October 22

Zuckerberg 2.0: why has Meta boss ditched drab hoodies in jazzy makeover?

Get ready for a silk shirt undone to the navel, necklaces and big T-shirts, all aimed at humanising Meta’s founder. For more than 20 years Mark Zuckerberg has made a Macbook grey T-shirt and ...

World - The Guardian - 4 days ago

The Surprise Factor That Helped the Liberty to Even the W.N.B.A. Finals

New York’s roster is full of stars. Betnijah Laney-Hamilton added her name to the list with her game-sealing performance in Game 2.

Sports - The New York Times - October 14

Meta under fire for ‘polluting’ open-source

Open Source Initiative chief criticises tech group for using the term to describe its Llama models

Business - Financial Times - October 17

Meta just beat Google and Apple in the race to put powerful AI on phones

Meta has launched compressed AI models that run directly on smartphones, making artificial intelligence faster and more private while using less memory than cloud-based alternatives.

Tech - VentureBeat - 6 days ago

Meta AI to Use Reuters Content to Answer User Questions in Real Time

Meta AI didn’t share whether it would use Reuters content to train its large-language model.

Business - Inc. - 3 days ago

This AI Tool Helped Convict People of Murder. Then Someone Took a Closer Look

Global Intelligence claims its Cybercheck technology can help cops find key evidence to nail a case. But a WIRED investigation reveals the smoking gun often appears far less solid.

Tech - Wired - October 15

This ETF has trounced the S&P 500 with bets on AI in a surprising sector

Macrae Sykes of Gabelli Funds explains his strategy, which looks beyond the Nvidia-focused AI hardware buildout.

Business - MarketWatch - 4 days ago

Enterprise AI moves from ‘experiment’ to ‘essential,’ spending jumps 130%

Wharton research shows dramatic surge in enterprise AI adoption, with spending up 130% and smaller companies leading in implementation rates.

Tech - VentureBeat - 2 days ago

Here’s Why Meta Getting on the AI Search Bandwagon Could Change the Entire Online Ad Market

Meta is taking on Google and Microsoft by developing its own AI search engine. The repercussions for the digital advertising market could be huge.

Business - Inc. - Yesterday

Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push

Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligence

Tech - ABC News - 5 hours ago

Meta’s Next Llama AI Models Are Training on a GPU Cluster ‘Bigger Than Anything’ Else

The race for better generative AI is also a race for more computing power. On that score, according to CEO Mark Zuckerberg, Meta appears to be winning.

Tech - Wired - 5 hours ago

Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it

Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying off

Tech - ABC News - 3 hours ago

Pika 1.5 updates again to add even more AI video Pikaffects: crumble, dissolve, deflate, ta-da

The move to further differentiate Pika 1.5 from competitors Runway, Luma, Kling, and Hailuo comes amid intensifying competition

Tech - VentureBeat - October 16

Michael Parkinson is back, with an AI voice that can fool even his own family

The chatshow star’s son says digital replica will interview a new generation of stars. Appearing on a major British television chatshow could make a showbiz career in the 1970s and 80s – and end ...

World - The Guardian - 4 days ago

White, Zuckerberg talk UFC rankings system fix

Dana White recently reached out to Meta CEO Mark Zuckerberg for help with improving the UFC rankings system, possibly using artificial intelligence.

Sports - ESPN - 5 days ago

Supreme Court seems skeptical on emergency abortions

Last week, the court left in place a lower federal court ruling in Texas that bans the Department of Health and Human Services from enforcing a federal health care law.

Politics - The Hill - October 16

For Executives, ‘Defending Democracy’ Can Seem Risky

Even seemingly anodyne sentiments supporting fair elections have become politically charged.

Business - The New York Times - October 19

'Time for hugging, not kicking' - is it as bad as it seems for Palace?

Crystal Palace have suffered their worst start to a Premier League season since 1992-93 - but is it as bad as it seems?

A Quiet Place: The Road Ahead Review - Quite A Pace

A Quiet Place has quickly grown into one of the better horror franchises of the past decade. Three movies deep, the creature features have explored a fascinating world in which blind aliens use a ...

Tech - GameSpot - October 21

Fed Leaders Favor Rate Cuts, But Differ on Pace

Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.

Business - Inc. - October 22

US economy grew at robust pace in third quarter

U.S. GDP grew at a 2.8% annualized rate over three months ending in September.

The economic October surprise

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Consumers feel more confident ahead of Election Day A new survey shows that ...

Politics - The Hill - Yesterday

Social Media Layoffs Hit Meta

The tech giant confirmed an unspecified number of job cuts at WhatsApp and Instagram.

Business - Inc. - October 17

Nvidia’s stock secures first record in four months as customers seem locked in

One analyst says customers are in a “prisoner’s dilemma” that will keep them spending, while another was encouraged by recent Nvidia commentary on the company’s “moat.”

Business - MarketWatch - October 14

Latest in Even Mark Zuckerberg seems surprised by Meta's pace of spending on AI