Meta’s (META) AI Push Drives Up Spending Despite Strong Q3 Results

Group 1 - Meta Platforms Inc. reported solid third-quarter 2025 earnings with earnings per share of $7.25 and revenue of $51.24 billion, reflecting a 26% increase from the previous year [1] - The results exceeded analyst expectations, but a $15.93 billion tax charge related to new legislation impacted the bottom line [2] - Meta's revised capital expenditure forecast for 2025 is now between $70 billion and $72 billion, an increase from earlier estimates [2] Group 2 - CEO Mark Zuckerberg defended the company's aggressive spending strategy, highlighting early returns and the necessity to remain competitive in the AI sector [3] - Meta has made significant investments in infrastructure and talent, including a $14.3 billion stake in Scale AI and the establishment of Superintelligence Labs [3] - Meta Platforms Inc. is a technology company that develops social media platforms and virtual reality technologies, owning services like Facebook, Instagram, WhatsApp, and Messenger, as well as products like Meta Quest VR headsets and Ray-Ban Meta AI glasses [4]