Meta’s Mark Zuckerberg laid out his AI vision that outperformed Q2 expectations and sent shares soaring

  • Meta Platforms CEO Mark Zuckerberg spent a lot of time during the past few months building his news superintelligence AI team. 

Meta Platforms CEO Mark Zuckerberg expects to deliver “personal superintelligence for everyone” but his ambitious bets on AI are impacting the company’s cash flows and are likely to hit expenses even harder as Meta soups up its AI capabilities and continues its hiring spree

The social media giant spent $17 billion on capital expenditures during the quarter, mostly on AI infrastructure and data centers and it expects to continue to spend heavily through 2026. Still, Meta’s shares soared 11.5% in after-hours trading after delivering blockbuster second quarter financial results. Revenue cruised 22% higher to $47.5 billion, and its core advertising business generated $46.6 billion in ad revenue across Facebook, Instagram, WhatsApp, and Messenger. Daily active users grew to 3.5 billion people and profit margins improved, with net income rising 36% to $18.3 billion compared to last year. 

“The intersection of technology and culture is where Meta focuses,” said Zuckerberg in an Instagram reel defining Meta’s aims for superintelligence. The new lab will focus on developing the next generation of Meta’s models, he said. 

Zuckerberg said the company is building an “elite, talent-dense team,” led by one of the world’s youngest billionaires, Alexandr Wang

“I spent a lot of time building this team this quarter,” said Zuckerberg. “The reason so many people are excited to join is because Meta has all of the ingredients required to build leading models and deliver them to billions of people.”

The new superintelligence team will have access to “unparalleled compute” as Meta builds out new gigawatt+ clusters. 

“We’re making all these investments because we have conviction that superintelligence is going to improve every aspect of what we do,” Zuckerberg said.  

Introducing the 2025 Fortune 500, the definitive ranking of the biggest companies in America. Explore this year’s list.

Great Job Amanda Gerut & the Team @ Fortune | FORTUNE Source link for sharing this story.

#FROUSA #HillCountryNews #NewBraunfels #ComalCounty #LocalVoices #IndependentMedia

Felicia Ray Owens
Felicia Ray Owenshttps://feliciarayowens.com
Felicia Ray Owens is a media founder, cultural strategist, and civic advocate who creates platforms where power meets lived truth. As the voice behind C4: Coffee. Cocktails. Culture. Conversation and the founder of FROUSA Media, she uses storytelling, public dialogue, and organizing to spotlight the issues that matter most—locally and nationally. A longtime advocate for community wellness and political engagement, Felicia brings experience as a former Precinct Chair and former Chief Communications Officer of Indivisible Hill Country. Her work bridges culture, activism, and healing through curated spaces designed to inspire real change. Learn more at FROUSA.org

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