Meta Platforms Chief Financial Officer Susan Li has been in her current role for less than 18 months—a short period that just might be the most eventful stretch for investors in the history of ...
During the earnings call for the company’s latest quarterly results, CFO Susan Li said Meta would be investing in GPU servers ...
The tech giant’s stock price fell after its third-quarter earnings report, as the company faces growing Wall Street angst ...
Despite reporting earnings that surpassed estimates, the tech giants face scrutiny over AI investment, leading to a drop in ...
Meta AI, the company's virtual assistant, has more than 500 million active users just a year after its launch. On an earnings ...
But despite bringing in record revenue bolstered by its core ad business, the tech giant’s ambitious plans to significantly ramp up its spending on A.I. bets—many of which have yet to directly pay off ...
Meta’s capex in 2024 will clock in somewhere between $38 billion and $40 billion. Where’s most of that money going? AI, of ...
Meta posted better-than-expected earnings on Wednesday, Oct. 30. However, runaway spending has investors spooked. Massive investments in AI infrastructure are adding to Meta’s expenses. Meta ...
Meta beat analysts' Q3 top- and bottom-line estimates for the quarter, but heavy spending plans sent shares lower.
Susan Li has been at Meta since 2008 when the startup then known as Facebook was just a handful of employees “scattered across a few buildings" in downtown Palo Alto. On Nov. 1 she became Meta ...
Susan Li, one of the youngest finance chiefs in the Fortune 500, has been instrumental in developing and executing Meta’s turnaround strategy since taking over as CFO in November 2022.
A major C-suite move at Meta always draws attention ... Zuckerberg and oversees 10,000 workers was then 36-year-old Susan Li, Facebook’s former VP of finance who has been with the social ...