Amazon CEO Andy Jassy told investors he's "confident" the company will see a return on its massive investments in artificial intelligence. The company boosted its 2026 capital expenditures to $200 ...
Meta boosts capital spending by 73% for AI development The company forecasts higher 2026 expenses due to AI talent hiring Meta's ad platform supports AI investments, faces competition in short-video ...
Meta reported fourth-quarter earnings on Wednesday that topped estimates and issued stronger-than-expected sales guidance. The stock popped as much as 10% in after-hours trading. Meta said it expects ...