Mark Zuckerberg, Meta
Zuckerberg Asks for Patience After Meta’s AI Push Irks Investors
Mark Zuckerberg is asking for investors to stay patient. Again. After Meta Platforms Inc. revealed that it will spend billions of dollars more than expected this year — fueled by investments in artificial intelligence — the company’s chief executive officer did his best to soothe Wall Street.
Meta shares slump as Zuckerberg says it may take years to profit from new AI ventures
Meta ’s stock price sank by over 16 per cent on Wednesday after the tech giant’s chief Mark Zuckerberg said it could take the company years to profit from its generative artificial intelligence projects.
Zuckerberg says it will take Meta years to make money from generative AI
Meta is thinking about a lot of ways to make money from its new ChatGPT competitor, including ads and subscriptions.
Mark Zuckerberg warns of stock volatility as Meta bets billions more on AI investment ‘before we make much revenue’
That was Mark Zuckerberg's message to Meta shareholders on Wednesday as he explained his decision to plow tens of billions of dollars into a multi-year AI spending spree that will precede any meaningful payoff.
Mark Zuckerberg laid out 3 ways Meta will make money from its huge AI investments. It's going to take a while.
The Meta CEO is spending massively on AI. In a call with analysts, he explained how these huge investments can pay off in the future.
Zuckerberg warned investors that Meta's AI investment will take 'several years' before it pays off. Meta's stock price tumbled.
Meta stocks tumbled Wednesday after trading hours, despite the company's better-than-expected first-quarter results.
Mark Zuckerberg Says It Will Take Time Before Meta Could Mint Money from AI Spending
Mark Zuckerberg revealed his ambitious plans to invest billions of dollars in artificial intelligence over the next few years. His message to Meta’s shareholders during the earnings call was to expect some bumpiness and keep their cool.
Meta’s License to Spend on AI Gets Checked
The Facebook parent’s capital expenditures this year will rival outlays from Google and Microsoft, but advertising growth is ...
Meta Eyeing “Events Related To TikTok Closely” But Too Early To Talk Impact Of Possible Ban, CFO Says
Meta is following the TikTok saga closely, it's CFO says, but it's too early to discuss the business impact of a possible ban ...
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, ...
Meta earnings results: shares tumble 17% after hours despite beating estimates; stock down on weak revenue guidance
Meta's stock sank after hours. Share prices were down 17% after Facebook's parent company issued weak revenue guidance on ...
Meta’s Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race
Meta Platforms reported record first-quarter sales, building on AI momentum in its ad business, although investors soured on ...
Meta Reports Quarterly Revenue of $36.5B But Stock Falls After Increased Spending on AI
CEO Mark Zuckerberg said the company is trying to be the "leading AI company in the world," but cautioned that the segment ...
Meta shares plunge 16% in Frankfurt after AI spending, revenue forecast
Meta Platforms shares plunged 16% early in Frankfurt on Thursday after forecasts of higher expenses and lighter revenue than ...
These Stocks Are Moving the Most Today: Meta, IBM, Ford, Anglo American, Microsoft, Alphabet, and More
Stock futures traded lower Thursday and technology shares sank after Meta Platforms issued a disappointing outlook.These ...