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Big Tech’s AI push to fuel $344B in spending in 2025 Susan Li, Meta’s CFO, said the goal of its own spend is to secure the advantage “in developing the best AI models ” Meta was rewarded — in large part because the company posted a strong second-quarter sales beat and issued a rosy revenue forecast, signaling that the billions it’s spending on AI are paying off
Techmeme: Meta, Alphabet, Microsoft, and Amazon have . . . Meta, Alphabet, Microsoft, and Amazon have collectively spent ~$90B on capex in their most recent quarters and are expected to spend over $344B for the year — If there's any lesson to take from the spending plans issued by the world's largest technology companies over the past two weeks …
Microsoft, Meta results signal AI spending concerns were . . . Quarterly results from Microsoft and Meta released on Wednesday indicated that both giants are maintaining their AI spending plans despite the threat of tariffs, which could raise costs for
Why Microsoft and Meta Are Soaring After Earnings - WSJ Meta Platforms META 11 09% and Microsoft MSFT 4 52% are both showing that obscene spending on new businesses can work—as long as the older ones are humming That was hardly a given heading into
Meta vs Microsoft: How Q4 Earnings Show Different AI Spending . . . However, both companies confirmed in their earnings reports that this year’s ambitious spending plans for AI infrastructure—$60 billion to $65 billion at Meta and $80 billion at Microsoft—suggest the AI investment trajectory remains unchanged at least for now