Andrew “Boz” Bosworth said the only time he could remember the mood being worse than it is currently was back in 2018, during the Cambridge Analytica scandal.

For capital expenditures, Meta narrowed its guidance for the year to between $130 billion and $145 billion from a prior range of $125 billion to $145 billion. With Meta pouring money into artificial intelligence infrastructure, Meta's free cash flow dwindled to $784 million in the quarter from $8.55 billion a year earlier.

CEO Mark Zuckerberg attempted to assure investors on the company's AI-first investments and looming regulatory issues.

A group of 26 Meta employees allege in a lawsuit that the company used AI systems and keystroke monitoring to target workers on medical or parental leave for mass layoffs.

Meta said in a securities filing that it had about $278.99 billion in operating and finance leases that were not yet included on its balance sheet.

Meta CEO Mark Zuckerberg says AI is helping engineers build apps faster, but the company has not disclosed its tools or measured productivity gains.

The parent company of Facebook & Instagram has paused share repurchases as it pours billions into AI infrastructure. Here’s what that means for investors.

The new business is a welcome signal for some investors who have been uneasy about the company's infrastructure spending plans.

Meta's earnings delivered a familiar message to investors: Expect capex spending to balloon to new heights as the company sprints full tilt in the AI race. The company delivered a beat for the first quarter, with revenue of $56.3 billion that topped Wall ...

Meta says AI is making it dramatically easier to build and launch new consumer apps, with CEO Mark Zuckerberg telling investors the company has more new consumer products on the way following a recent wave of releases for Facebook Groups,