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Meta Earnings Show Increased A.I. Spending, Even as Cash Pressures Grow
The spending has hurt the Silicon Valley giant’s cash flow, which turned negative. Meta said it would issue a new class of stock to help it raise more money.
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Netflix Is Great at Making Money. Its Problem Is Keeping Viewers Hooked.
The streaming service reported a 12 percent increase in quarterly revenue, but acknowledged that stagnant viewership, particularly in the U.S. and Canada, was a major concern.
SpaceX Swings to a Profit, as A.I. Business Grows
Elon Musk’s rocket company said its artificial intelligence spending had soared, but revenue more than doubled from its Starlink internet satellite service and A.I. products.
SpaceX Swings to a Profit, as A.I. Business Grows
Elon Musk’s rocket company said its artificial intelligence spending had soared, but revenue more than doubled from its Starlink internet satellite service and A.I. products.
