Meta Boosts Annual Capex Sharply On Superintelligence Push, Shares Jump

Gadget-uri

Instagram-owner Meta boosted its capital spending plans for the new year by 73% in the pursuit of "superintelligence." Instagram-owner Meta on Wednesday boosted its capital spending plans for the new year by 73% in the pursuit of “superintelligence,” an effort to offer deeply personalized artificial intelligence to its large social media user base. Meta shares jumped nearly 9% in extended trading. The company also forecast first-quarter revenue above Wall Street expectations and beat profit and

Tag-uri: Instagram

Meta boosts annual capex sharply on superintelligence push, shares surge https://www.channelnewsasia.com/ - 29.01.2026 01:34
Meta expects annual capital expenditures to rise on superintelligence push https://www.channelnewsasia.com/ - 28.01.2026 23:30

din zilele anterioare

Meta boosts annual capex sharply on superintelligence push, shares surge https://www.channelnewsasia.com/ - 29.01.2026 01:34
Meta expects annual capital expenditures to rise on superintelligence push https://www.channelnewsasia.com/ - 28.01.2026 23:30