This web page was created programmatically, to learn the article in its authentic location you may go to the hyperlink bellow:
https://fortune.com/2025/07/30/meta-mark-zuckerberg-ai-vision-q2-earnings/
and if you wish to take away this text from our website please contact us
- Meta Platforms CEO Mark Zuckerberg spent loads of time through the previous few months constructing his information superintelligence AI workforce.
Meta Platforms CEO Mark Zuckerberg expects to ship “personal superintelligence for everyone” however his bold bets on AI are impacting the corporate’s money flows and are prone to hit bills even tougher as Meta soups up its AI capabilities and continues its hiring spree.
The social media large spent $17 billion on capital expenditures through the quarter, totally on AI infrastructure and knowledge facilities and it expects to proceed to spend closely by 2026. Still, Meta’s shares soared 11.5% in after-hours buying and selling after delivering blockbuster second quarter monetary outcomes. Revenue cruised 22% increased to $47.5 billion, and its core promoting enterprise generated $46.6 billion in advert income throughout Facebook, Instagram, WhatsApp, and Messenger. Daily lively customers grew to three.5 billion folks and revenue margins improved, with internet revenue rising 36% to $18.3 billion in comparison with final yr.
“The intersection of technology and culture is where Meta focuses,” stated Zuckerberg in an Instagram reel defining Meta’s goals for superintelligence. The new lab will give attention to growing the subsequent technology of Meta’s fashions, he stated.
$META CFO alerts sharp rise in CapEx for 2026
“.we currently expect another year of similarly significant CapEx $ growth in 2026, as we continue aggressively pursuing opportunities to bring additional capacity online to meet the needs of our AI efforts & business operations” https://t.co/BDmytHqFBA— The Transcript (@TheTranscript_) July 30, 2025
Zuckerberg stated the corporate is constructing an “elite, talent-dense team,” led by one of many world’s youngest billionaires, Alexandr Wang.
“I spent a lot of time building this team this quarter,” stated Zuckerberg. “The reason so many people are excited to join is because Meta has all of the ingredients required to build leading models and deliver them to billions of people.”
The new superintelligence workforce can have entry to “unparalleled compute” as Meta builds out new gigawatt+ clusters.
“We’re making all these investments because we have conviction that superintelligence is going to improve every aspect of what we do,” Zuckerberg stated.
This web page was created programmatically, to learn the article in its authentic location you may go to the hyperlink bellow:
https://fortune.com/2025/07/30/meta-mark-zuckerberg-ai-vision-q2-earnings/
and if you wish to take away this text from our website please contact us
