On Oct. 29, Meta will release its earnings report on its investor relations website after the bell. At 4:30 p.m. ET, company leaders will hold a conference call to discuss the results. The call can also be accessed through the company’s investor relations website.

Meta plans to spend up to $72 billion on AI infrastructure this year, with CEO Mark Zuckerberg defending the long-term strategy.

On an earnings call, Zuck acknowledged that Meta’s massive AI spend might not go as intended in the near future.

The social-media company said it would “aggressively” raise spending to stay competitive in the artificial-intelligence arms race. That se

The move comes after Strike 3 Holdings discovered illegal downloads of some of its adult films on Meta corporate IP addresses, as well as other downloads that Meta allegedly concealed using a “stealth network” of 2,

Mark Mahaney, Evercore ISI head of internet research, joins 'Squawk Box' to discuss Meta and Alphabet's quarterly earnings results.

The Silicon Valley company projected more spending this year and said it would continue in 2026 as it hires A.I. researchers and builds data centers to power the technology.

Louisiana approved Meta's $10 billion project in August, saying it would bring "hope" for economic growth, but some experts say the center's power demands will raise customers' power bills​ statewide.

The social-media company said it would “aggressively” raise spending to stay competitive in the artificial-intelligence arms race. That se