Meta expects its 2026 capex to be $115B to $135B, compared with a $110.6B analyst estimate and $72.2B in 2025, driven by investments in Superintelligence Labs
Meta Platforms Inc.'s better-than-expected sales outlook helped ease Wall Street concerns about plans for unprecedented spending on artificial intelligence this year.
Meta files an application for authorization “to sell energy, capacity, and certain ancillary services” in the US amid rising energy demand for AI datacenters
Meta Platforms Inc. is pushing to break into the wholesale power-trading business so it can better manage the massive electricity needs of its data centers.
Meta and Alphabet are the least diversified of the tech giants, relying on ads for 98% and 81% of revenue, respectively, a long-neglected vulnerability
Alphabet Inc. and Meta Platforms Inc., the world's biggest digital advertising platforms, once again raked in astonishing amounts of money in 2021.