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Jim Cramer Continues To Defend Meta Platforms (META)’s AI Spending
Yahoo Finance· 2025-11-21 19:23
We recently published 13 Stocks That Crossed Jim Cramer’s Radar. Meta Platforms, Inc. (NASDAQ:META) is one of the stocks Jim Cramer discussed. After Meta Platforms, Inc. (NASDAQ:META)’s latest earnings report created worries about aggressive spending. Cramer took the contrarian view and stressed that the firm is defending itself from a possible encroachment by OpenAI on its moat in the social media industry. Throughout the year, the CNBC TV host has found different reasons to be positive about the firm. Y ...
Alibaba to launch AI-powered glasses creating a Chinese rival to Meta
CNBC· 2025-07-28 08:01
Core Insights - Alibaba is entering the smart glasses market with the launch of Quark AI Glasses, powered by its AI models [1][2] - The glasses are set to be released in China by the end of 2025, utilizing Alibaba's Qwen large language model and AI assistant Quark [2] - The move into hardware aims to enhance the distribution of Alibaba's Quark app, which is currently available in China [3] Company Positioning - The Quark AI Glasses represent Alibaba's response to Meta's smart glasses and competition with Xiaomi's recently released AI glasses [4] - Alibaba is positioning itself as a leader in China's AI sector, actively developing models that rival Western companies like OpenAI [2][4] - The company views wearables, particularly smart glasses, as a significant growth area in the computing landscape [3]