Strong Q1 Results, But Meta Warns: Higher AI Costs & Legal Risks Ahead
Meta is spending more on AI, beating revenue expectations, growing users, but faces legal risks and investor concerns over rising costs.
Meta is spending more on AI, beating revenue expectations, growing users, but faces legal risks and investor concerns over rising costs.
Amazon and Meta struck a big deal: Meta will use AWS Graviton chips to run AI systems faster, cheaper, and more efficiently.
Broadcom and Meta announced a multi-year partnership to power multi-gigawatts of custom MTIA AI chips through 2029.
CoreWeave expands $21B deal with Meta for AI cloud power, adds NVIDIA chips, raises funds via bonds to fuel growth.
Meta launched Muse Spark, a fast new AI for its apps. It’s free for now, supports chat and shopping, but still trails top AI rivals.
Rosenblatt upgrades Arista Networks, citing strong AI demand and faster growth ahead.