Datasette 1.0a39 and 0.65.4 security releases32m ago Anthropic caught scientists using Claude to further biological weapon research1h ago Oracle says AI will save it from the SaaSpocalypse, not bring it on1h ago Congress Is Suddenly Waking Up to the AI Doomsday Threat2h ago Don’t ask ChatGPT 'What should I do?' — this simple prompt helps you make better decisions yourself2h ago Extreme Networks’ Agent ONE Coworker moves AI networking from dashboards to answers2h ago Introducing ChatGPT for Financial Services2h ago Tesla unveils driverless Cybercab in Japan for 1st time3h ago The AI safety vibe shift3h ago Sam Altman met with top power utilities about securing the electrical grid. He offered one possible solution: OpenAI's cyber services.3h ago OpenAI Is Open to Slowing Cutting-Edge AI, CEO Sam Altman Tells Staff3h ago Tencent-Backed Chipmaker Enflame Jumps 188% in Shanghai Debut4h ago Salesforce introduces Enterprise AI Harness, AI Control Plane4h ago The Race for the Next Big Weight-Loss Drug Is On—and China Wants In4h ago

Datasette 1.0a39 and 0.65.4 security releases32m ago Anthropic caught scientists using Claude to further biological weapon research1h ago Oracle says AI will save it from the SaaSpocalypse, not bring it on1h ago Congress Is Suddenly Waking Up to the AI Doomsday Threat2h ago Don’t ask ChatGPT 'What should I do?' — this simple prompt helps you make better decisions yourself2h ago Extreme Networks’ Agent ONE Coworker moves AI networking from dashboards to answers2h ago Introducing ChatGPT for Financial Services2h ago Tesla unveils driverless Cybercab in Japan for 1st time3h ago The AI safety vibe shift3h ago Sam Altman met with top power utilities about securing the electrical grid. He offered one possible solution: OpenAI's cyber services.3h ago OpenAI Is Open to Slowing Cutting-Edge AI, CEO Sam Altman Tells Staff3h ago Tencent-Backed Chipmaker Enflame Jumps 188% in Shanghai Debut4h ago Salesforce introduces Enterprise AI Harness, AI Control Plane4h ago The Race for the Next Big Weight-Loss Drug Is On—and China Wants In4h ago

Business & Enterprise AI Research3 min reading time

Meta shares fall as frustration grows over AI spending plans

Covered by 2 sourcesPublished Jul 29, 2026

Meta's shares dropped 11% after it reported a 14% profit decline despite 28% revenue growth. The company plans to increase AI spending to up to $145bn in 2023, aiming to monetize AI tech by selling it to other businesses. CEO Mark Zuckerberg highlighted AI's role in enhancing user engagement and developing autonomous AI agents, with plans to expand AI product offerings.

Covered by 2 sources

#ai-agents #mark-zuckerberg #meta #muse-spark-ai #q2-2023-earnings

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