Meta recorded a one-time income tax charge of $15.93B related to Trump's Big Beautiful Bill and expects 2025 capex of $70B-$72B, up from a $66B-$72B forecast (Jaspreet Singh/Reuters)

Techmeme•Wednesday, October 29, 2025 at 8:35:01 PM

Meta has reported a significant one-time income tax charge of $15.93 billion, which is linked to Trump's Big Beautiful Bill. This unexpected financial hit raises concerns about the company's profitability and future investments, as they now anticipate capital expenditures for 2025 to be between $70 billion and $72 billion, an increase from their previous forecast of $66 billion to $72 billion. This news is crucial as it highlights the financial implications of legislative changes and how they can impact major corporations.

— Curated by the World Pulse Now AI Editorial System

Read Original

Was this article worth reading? Share it

Recommended Readings

WIRED — AI (Latest)2 hours ago

Meta, Google, and Microsoft Triple Down on AI Spending

PositiveArtificial Intelligence

Meta, Google, and Microsoft have reported record profits and significant investments in infrastructure, highlighting their commitment to artificial intelligence. This surge in spending raises questions about the sustainability of the AI market, but it also signals a strong belief in the technology's potential to drive future growth. As these tech giants double down on AI, it could lead to innovative advancements and increased competition in the industry.

Read full article

via WIRED — AI (Latest)

ZDNET — Big Data2 hours ago

Magic Leap and Google showcase what's next for AI smart glasses

PositiveArtificial Intelligence

Magic Leap and Google have teamed up to unveil their latest advancements in AI smart glasses, signaling a new era in wearable technology. This collaboration could potentially challenge Meta's dominance in the market, offering consumers innovative features and enhanced experiences. As tech giants push the boundaries of augmented reality, this development is crucial for fostering competition and driving further innovation in the industry.

Read full article

via ZDNET — Big Data

Bloomberg Technology3 hours ago

Meta, Microsoft Test Investors’ Patience With AI Spending Spree

NeutralArtificial Intelligence

Meta and Microsoft are making significant investments in artificial intelligence, focusing on building extensive data centers to support their ambitious AI projects. This spending spree reflects their commitment to leading the AI revolution, but it also raises questions about the sustainability of such investments and how they will impact investors in the long run.

Read full article

via Bloomberg Technology

Bloomberg Technology4 hours ago

OpenAI May Target $1 Trillion Valuation in IPO, Reuters Says

PositiveArtificial Intelligence

OpenAI is gearing up for a potential initial public offering (IPO) that could skyrocket its valuation to $1 trillion, according to a report by Reuters. This move is significant as it highlights the growing confidence in AI technologies and the financial markets' readiness to invest in innovative companies. If successful, this IPO could not only reshape OpenAI's future but also set a precedent for other tech startups aiming for similar heights.

Read full article

via Bloomberg Technology

Techmeme4 hours ago

Sources: OpenAI is preparing for an IPO that could value it at ~$1T and has looked at raising $60B+, filing as soon as H2 2026 and listing in 2027 (Reuters)

PositiveArtificial Intelligence

OpenAI is gearing up for a significant IPO that could potentially value the company at around $1 trillion. With plans to raise over $60 billion, the filing could happen as early as the second half of 2026, aiming for a public listing in 2027. This move is crucial as it highlights OpenAI's growth and the increasing interest in AI technologies, which could reshape the tech landscape and attract substantial investment.

Read full article

via Techmeme

NYT — Technology6 hours ago

Meta Raises Its Spending Forecast on A.I. to Above $70 Billion

PositiveArtificial Intelligence

Meta has announced an increase in its spending forecast on artificial intelligence to over $70 billion, reflecting its commitment to hiring A.I. researchers and expanding data centers. This investment is significant as it underscores Meta's strategy to enhance its core online advertising business through advanced technology, positioning the company for future growth and innovation.

Read full article

via NYT — Technology

Techmeme6 hours ago

Mark Zuckerberg says Threads has 150M DAUs, up from 100M+ in December 2024, and Meta has rolled out ads globally in the Threads feed with plans to add video ads (Karissa Bell/Engadget)

PositiveArtificial Intelligence

Mark Zuckerberg recently announced that Threads has reached an impressive 150 million daily active users, a significant increase from over 100 million in December 2024. This growth highlights the platform's rising popularity and engagement. Additionally, Meta has begun rolling out ads globally within the Threads feed, with plans to introduce video ads soon. This move not only enhances the monetization strategy for Meta but also indicates the platform's potential to compete more aggressively in the social media landscape.

Read full article

via Techmeme

International Business Times6 hours ago

Meta Stock Falls After Upbeat Quarter As AI Spending To Push Up 2026 Costs

NegativeArtificial Intelligence

Meta's stock has taken a hit despite reporting a strong quarter, as the company anticipates a significant rise in expenses for 2026 due to heavy investments in AI infrastructure and data centers. This news is crucial as it highlights the balancing act Meta faces between growth and rising costs, which could impact its profitability and investor confidence in the long run.

Read full article

via International Business Times

Latest from Artificial Intelligence

Engadgetan hour ago

Rode's latest wireless microphones now work with digital cameras

PositiveArtificial Intelligence

Rode has announced that its latest wireless microphones are now compatible with digital cameras, a significant upgrade for content creators and filmmakers. This development is exciting because it enhances audio quality and flexibility, allowing users to capture professional-grade sound without the hassle of cables. As the demand for high-quality audio in video production continues to grow, Rode's innovation positions it as a leader in the industry, making it easier for creators to elevate their work.

Read full article

via Engadget

DEV Communityan hour ago

Automating the Gridiron Gaze: Building Tools for Dynamic Depth Chart Analysis

PositiveArtificial Intelligence

The article discusses the importance of depth charts in college football, particularly for teams like Penn State and Texas. These charts are essential for fans and analysts as they provide crucial updates on player statuses, including injuries and performance changes. The dynamic nature of these charts makes it vital to have tools that can automate and analyze them effectively, enhancing the experience for fans and fantasy players alike.

Read full article

via DEV Community

DEV Communityan hour ago

Dynamically Allocating 2D Arrays Efficiently (and Correctly!) in C 2.0

PositiveArtificial Intelligence

In a recent update to his article on dynamically allocating 2D arrays in C, Paul J. Lucas reveals a much simpler method for achieving this task. This new approach not only simplifies the process but also enhances efficiency, making it easier for programmers to manage memory in their applications. Understanding these techniques is crucial for developers looking to optimize their code and improve performance, especially in resource-constrained environments.

Read full article

via DEV Community

DEV Communityan hour ago

The Tri-Glyph Protocol: Chim Lac, Kitsune, and Anansi in AI/ML Collapse and Editorial Defense

NeutralArtificial Intelligence

The Tri-Glyph Protocol explores the intricate relationship between mythic symbols and the challenges faced by artificial intelligence systems, particularly in terms of signal collapse and metadata drift. By examining the roles of Chim Lạc, Kitsune, and Anansi, the article sheds light on how these concepts can inform our understanding of AI vulnerabilities. This discussion is crucial as it highlights the need for robust defenses in AI/ML technologies, ensuring they can withstand adversarial attacks and maintain integrity.

Read full article

via DEV Community

DEV Community2 hours ago

When I started building AI prompts and frameworks, I realised something: To make it accessible and reusable for developers, I built a structured system using GitHub as my AI prompt library hub. This article walks you through exactly how I did it.

PositiveArtificial Intelligence

In a recent article, developer Jaideep Parashar shares his innovative approach to creating AI prompts and frameworks by utilizing GitHub as a centralized library hub. This method not only enhances accessibility for developers but also promotes reusability, making it easier for others to build upon his work. This is significant as it fosters collaboration and efficiency in the AI development community, encouraging more developers to engage with AI technologies.

Read full article

via DEV Community

DEV Community2 hours ago

Jon-Paul Vasta on How AI Is Quietly Future-Proofing Small Businesses in 2025

PositiveArtificial Intelligence

Jon-Paul Vasta highlights how AI is becoming a crucial ally for small businesses as they navigate the challenges of 2025. Many owners feel overwhelmed with year-end pressures, but AI tools can streamline operations, enhance customer engagement, and ultimately help these businesses thrive. This shift is significant because it empowers small enterprises to compete more effectively in a rapidly changing market, ensuring they can meet customer demands without burning out.

Read full article

via DEV Community