Meta Platforms is reportedly considering a large stock offering to raise tens of billions of dollars to support its investments in artificial intelligence, following Alphabet's recent move to do the same. This shift from primarily issuing debt to raising equity reflects the massive $820 billion spending spree in AI technology by major tech companies. While stock investors may be wary of such large offerings, bond investors have been more supportive as they fund the AI buildout. The trend suggests more Big Tech firms might tap the stock market to finance their AI ambitions as the sector continues to grow rapidly.
Meta has integrated facial recognition code into its smart glasses companion app, Meta AI, which has been downloaded over 50 million times. The feature, called "NameTag," can biometrically identify people in view and notify the wearer, storing biomet...
Meta's shares dropped more than 5% following reports that the company might raise tens of billions of dollars through a stock offering to fund its artificial intelligence initiatives. This move would follow Alphabet's recent announcement to raise $85...
Meta embedded facial recognition technology called "NameTag" into its AI companion app for smart glasses, downloaded by over 50 million users, though the feature is not yet activated. The tech can create biometric faceprints from people seen by the g...
New analysis from TS Lombard predicts that the US will invest about 2% of its GDP in artificial intelligence and data center infrastructure in 2026, totaling up to $800 billion. This investment surpasses that of any other country and is comparable to...
Apple and Alphabet are currently best positioned in the AI industry, generating strong positive free cash flow despite increased capital expenditures across the sector. In contrast, companies like Microsoft, Amazon, Meta, and Oracle are experiencing ...
