Business Insider
July 31, 2025 (businessinsider.com)
| They’re calling it a “massive quarter.” With a revenue of $47.52 billion compared to expectations of $44.83 billion, analysts were thrilled with Meta’s second-quarter earnings results.”The company is demonstrating that it can profitably scale the business while making massive capital investments,” William Blair analysts wrote. In other words, Mark Zuckerberg’s spending spree is paying off. In recent months, he’s been offering sign-on bonuses worth millions of dollars to poach top talent, investing billions into building data centers the size of Manhattan, and acquiring an AI startup for an eye-watering sum. All of that made some investors nervous. Why is Zuck spending so much on his AI ambitions, when there’s a perfectly robust ad-based business? Now, they’re doing just fine. Meta’s share price soared 12% in after-hours trading — a signal that Wall Street is getting excited. But perhaps not as excited as Zuckerberg, who set the stage for Meta’s earnings with an announcement: “Superintelligence is now in sight.” |
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| It may help you achieve your goals. Create what you want to see. Experience any adventure. Be a better friend. Grow into the person you aspire to be. According to Zuckerberg, that is — and no, he wasn’t delivering a motivational TED Talk.On Wednesday, the Meta CEO published a letter outlining his vision for “personal superintelligence” (read it here). The term “superintelligence” is generally used to define a yet-to-be-reached breakthrough in AI, when it becomes more capable than human intelligence. As AI advancements have grown, so has the klaxon call of warnings against superintelligence. These tend to carry a distinctly dystopian flavour: If AI is smarter than you, it can manipulate you. Proponents may tell you the biggest risk comes from misuse, not from superintelligence itself. Zuckerberg is betting that this technology is the future, saying that it will “help humanity accelerate our pace of progress.”Even then, a question remains: toward what? |