- Meta’s Q2 profits fell 14% to $15.85 billion, with earnings per share dropping to $6.18.
- Total costs surged 55% to $42.03 billion, driven by a 67% increase in R&D spending.
- Free cash flow plummeted to $784 million, nearly consumed by capital expenditures of $31.08 billion.
Read next
Meta’s AI app eyes premium tier and $72 billion AI bet: What Zuckerberg’s new strategy reveals about the future of social media
May 1, 2025
Meta Plans Premium Features and Ads for AI App Mark Zuckerberg wants paid features and ads in Meta’s AI…
Google’s €4.1 billion Android fine upheld by EU court
July 2, 2026
Google's challenge against a €4.1 billion antitrust fine was rejected by the EU's top court, affirming the…
Deep Cogito Unveils 4 New Open Source Hybrid Reasoning Models with Self-Improving ‘Intuition’
August 1, 2025
Deep Cogito has launched four new open source hybrid reasoning models that incorporate self-improving…
Study: 72% of US Teens Have Used AI Companions
July 22, 2025
A recent study reveals that 72% of American teenagers have engaged with AI chatbots designed for personal…