Meta Platforms Inc. has reported strong revenue growth for the fourth quarter and full year ended December 31, 2025, driven by higher advertising...
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Maroc - WN.COM - Business - 29/Jan 07:47
Facebook and Instagram-owner Meta has boosted its capital spending plans for this year by 73% in the pursuit of "superintelligence," an effort to offer deeply personalised artificial intelligence to its large social media user base. Shareholders backed CEO Mark Zuckerberg's ambitious capital outlay, boosting Meta stock 10% in extended trading, as the company posted a 24% surge in advertising revenue - its mainstay - for the quarter ended December 31. It also forecast first-quarter revenue above Wall Street expectations. "This is going to be a big year for delivering personal superintelligence, accelerating our business infrastructure for the future and shaping how our company will work going...
Meta Platforms Inc. has reported strong revenue growth for the fourth quarter and full year ended December 31, 2025, driven by higher advertising...
Microsoft said it had spent a record amount on artificial intelligence in the last quarter and posted slower cloud-computing growth, worrying...
For the current year, Meta projects capital expenditure of between $US115 billion and $US135 billion.
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