Meta told investors it will spend even more on artificial intelligence this year, narrowing its capital-expenditure forecast for 2026 by lifting the floor rather than the ceiling. The company now expects to spend between $130 billion and $145 billion, …
Meta is all-in on AI, and sometime soon, the company is going to make a big push into personal AI agents that can do things on your behalf. On Wednesday’s Q2 2026 earnings call, CEO Mark Zuckerberg previewed a high-level vision of how the company is thinking about personal agents and what it will do […]
Two of the biggest AI spenders reported on the same day. Microsoft’s spending showed up as cloud revenue. Meta’s showed up as a hole in its cash flow. Meta’s revenue rose 28% to $60.8bn, beating forecasts, CNBC reported. But profit fell 14% to $15.8bn,…
Mark Zuckerberg has come out against one of Washington’s favourite ideas about artificial intelligence: that the way to beat China is to shut its models out. In an interview with the Financial Times published this week, Meta’s chief executive said bann…
More than a thousand of the people building the most powerful AI want a way to slow it down. On Tuesday, 1,134 employees of the leading AI companies signed a letter asking the US government to help build one. The statement is titled Pacing the Frontier…
Employees of OpenAI and Anthropic, as well as Google, Meta, Thinking Machines, Microsoft, Mistral, and other leading AI labs, have written a statement to the US government supporting a potential slowdown of sorts for frontier AI development – or at least a speed-up of global coordinated governance efforts. “Al could help create a dramatically better […]