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Mark Zuckerberg Unveils Meta’s Superintelligence AI Vision

Mark Zuckerberg’s Meta surges as Facebook parent’s revenue soars on AI ‘superintelligence’ push

Meta Platforms forecast third-quarter revenue well above Wall Street estimates on Wednesday, as artificial intelligence continued to strengthen its core advertising business, sending its shares up 10% in extended trading.

The News International · 5h

Meta’s profits soar 36% as Mark Zuckerberg bets big on AI superintelligence

Meta Platforms reported a surge in profit, with revenue rising 22% year-over-year to $47.5 billion, and net income exceeding $18.3 billion in the second quarter of 2024.The social media giant

Fortune on MSN · 20h

Meta’s Mark Zuckerberg laid out his AI vision that outperformed Q2 expectations and sent shares soaring

Meta Platforms CEO Mark Zuckerberg spent a lot of time during the past few months building his news superintelligence AI team. CEO Mark Zuckerberg expects to deliver “personal superintelligence for everyone” but his ambitious bets on AI are impacting the company’s cash flows and are likely to hit expenses even harder as Meta soups up its AI capabilities and continues its hiring spree.

Meta, AI and Q2

Insider · 18h

Meta Q2 earnings recap: Stock surges 12% after hours on strong results as AI talent costs heat up

Meta's strong earnings report sent its stock soaring after hours. The company also made it clear that the AI talent wars come with a hefty price tag.

Associated Press News on MSN · 1d

Meta stock surges after Q2 results blow past expectations despite heavy AI spending

In the midst of an artificial intelligence spending spree, Meta posted stronger-than-expected results for the second quarter, buoyed by growing ad revenue even as its expenses increased.

Benzinga on MSN · 3h

Meta Beats Q2 Earnings Estimates, Issues Strong Guidance, Shares Surge To New Highs

Meta reported second-quarter revenue of $47.52 billion and earnings of $7.14 per share, both surpassing analyst estimates, according to Benzinga. Total revenue rose 22% year-over-year, driven by a 6% increase in daily active users,

2hon MSN

Reddit forecasts strong revenue on AI-driven ad strength, shares surge

Reddit forecast third-quarter revenue above Wall Street estimates on Thursday, betting on growing digital advertising driven ...

New York Magazine on MSN13h

Mark Zuckerberg Finally Submits His AI Manifesto

Mark Zuckerberg has broadcast plenty of loud signals that he, too, is a true AI CEO. He has directed his company to spend ...

Meta's earnings blowout has destroyed tech's AI concern: Opening Bid top takeaway

Meta delivered 22% revenue growth to $47.52 billion as AI investments fuel improved ad monetization. On the earnings call, co ...

14hon MSN

Meta shares jump as AI fuels ad sales, outweighing big capital costs

Meta Platforms forecast third-quarter revenue well above analysts' estimates on Wednesday, as artificial intelligence once ...

TechCrunch1mon

Facebook is asking to use Meta AI on photos in your camera roll you ...

Facebook is asking users for access to their phone’s camera roll to automatically suggest AI-edited versions of their photos — including ones that haven’t been uploaded to Facebook yet.

3don MSN

Mark Cuban said the Trump administration needs to crack down on ads in AI models

"The last thing we need is to have algorithms designed to maximize revenue driving LLM output and interactions," Cuban wrote ...

1don MSN

Meta Smashes Q2 Expectations as Zuckerberg Touts AI Future: Company Will ‘Bring Personal Superintelligence to Everyone’

Meta now reaches nearly 3.5 billion users across Facebook, Instagram and other apps. And Mark Zuckerberg says the company's ...