TNB Tech Minute: Meta Reports Record Revenue But Expects to Spend More on AI
Summary
Julie Chang reports Meta’s record Q2 sales and increased AI infrastructure spending, alongside Microsoft’s strong cloud growth and Azure revenue surpassing $100 billion. Despite these earnings beats, Microsoft shares remain down this year. Additionally, Russian authorities charged Telegram founder Pavel Durov with aiding terrorism, placing him on an international wanted list.
Topics discussed
Sponsorship intro: Anthropic and GenSpark
Meta earnings: Record sales and increased AI spending
Microsoft earnings: Cloud growth and AI subscribers
Telegram founder Pavel Durov charged by Russia
GenSpark partnership with Anthropic Claude
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