The company warned of accelerating capital expenditures around artificial intelligence, sending shares down 7% after hours.

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

Once a government-led pursuit, nuclear fusion is now a private-capital race, much of it financed by the same people building AI.

The tech giant says AI spending is set to reach up to $93 billion this year, which it can finance with profit from its advertising and cloud units.

AI is "the next frontier" for YouTube, according to CEO Neal Mohan -- and it might result in the video platform's shrinking its employee headcount.

Nvidia became the first company to surpass $5 trillion in market value after a fresh rally driven by AI-chip demand.

Amazon will report earnings after the closing bell on Thursday. Analysts want updates on AI progress, AWS, and retail margins.

About an hour after Meta, Microsoft and Alphabet delivered quarterly earnings, shares in the latter were up 5.5 per cent in after-hours trading. The Google parent reported quarterly revenue that surpassed $100bn for the first time.

Oscar-winning art director Tim Yip delivered a clarion call for preserving human emotion in an age of artificial intelligence at a Tokyo event.

Character.AI said Wednesday that it would bar people under 18 from using its chatbots starting late next month, in a sweeping move to address concerns over child safety. The rule will take effect Nov.

A $15.9 billion tax charge dragged down Meta's earnings last quarter. Mark Zuckerberg announced plans to spend even more on AI in the coming year.