Microsoft has a partnership with an AI leader and offers in-demand AI services through the cloud. Meta Platforms' business is improving thanks to AI while it prepares for the next wave of breakthroughs.
Meta shut down internal research into the mental health effects of Facebook and Instagram after finding causal evidence that its products harmed users' mental health, according to unredacted filings in a class action by U.S. school districts against Meta and other social media platforms.
Amazon has been a low-key artificial intelligence winner. Meta Platforms is the cheapest of the "Magnificent Seven" stocks on a forward earnings basis, and it has been growing quickly.
In order to accelerate the construction of new power plants needed to provide energy for its data centers, Meta is looking to get into the business of trading electricity.
This holiday shopping season features more advanced smart glasses, smart speakers with generative AI and a pendant AI friend. Despite the arrival of these new products, reviews for many of the devices are mixed.
Meta Platforms delivered strong Q3 results, with 3.5 billion daily users and 26% year-over-year revenue growth across its family of apps. META's organic growth remains robust despite AI product challenges and talent retention issues, highlighting its unique moat in human connection and product execution. Concerns over increased AI capex are overblown; META's high margins, strong revenue growth,...
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