Meta is pursuing a new frontier AI model, codenamed Avocado, that could be proprietary instead of open source, CNBC has learned. The company is trying to keep pace with artificial intelligence rivals ...

My model estimates Meta's 2026 CapEx at $106–$119B, with a base case of $111B. Furthermore, after the $40B in non-cancelable third-party commitments, the company has $121B in non-cancelable ...

Meta Platforms delivered a blowout Q4, surpassing earnings and revenue estimates on robust holiday-driven ad demand. META maintains exceptional free cash flow, even amid aggressive CapEx, fueling AI ...

When CEO Mark Zuckerberg warned Meta employees in January to "buckle up" for an "intense" year, he meant it. Determined to dominate the next era of AI, Meta has spent the past year in blitz mode.

Meta CEO Mark Zuckerberg made the case for his company's continued AI expansion — and its need to continue scaling infrastructure — after Meta's fourth-quarter earnings on Wednesday included a revenue ...