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Mark Zuckerberg Says Meta Will ‘Build Superintelligence Through Scaling’ After $64.6 Billion Q3 Beat, META Stock Jumps After Hours

Meta Platforms reported third-quarter revenue of $64.6 billion, beating analyst estimates and driving a post-earnings stock jump. Chief Executive Officer Mark Zuckerberg told analysts on the Wednesday earnings call that the company intends to construct superintelligence through model scaling, disclosing that larger models are currently in training. Total quarterly revenue increased by 26 percent year-over-year. However, cash pressures and rising artificial intelligence costs weighed on the results. Meta also faced a legal charge during the quarter, and investors balanced the financial growth against mounting infrastructure expenses.

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  • ✓ Meta reported third-quarter revenue of $64.6 billion.
  • ✓ Chief Executive Officer Mark Zuckerberg stated that Meta will build superintelligence through scaling.
  • ✓ Meta revenue increased by 26 percent.
  • ✓ Muse accounts have topped 10 million.
🛡️ Source Corroboration: 12 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

Chief Executive Officer Mark Zuckerberg outlined a direct path to artificial intelligence superintelligence via model scaling during the third-quarter earnings call.

Live updates

  1. Meta Q3 Revenue Hits $64.6B as Zuckerberg Targets Superintelligence

    Meta Platforms reported third-quarter revenue of $64.6 billion, beating analyst estimates and driving a post-earnings stock jump. Chief Executive Officer Mark Zuckerberg told analysts on the Wednesday earnings call that the company intends to construct superintelligence through model scaling, disclosing that larger models are currently in training. Total quarterly revenue increased by 26 percent year-over-year. However, cash pressures and rising artificial intelligence costs weighed on the results. Meta also faced a legal charge during the quarter, and investors balanced the financial growth against mounting infrastructure expenses.

    Why it matters

    The technology giant faces balancing soaring artificial intelligence expenditures against increasing cash pressures and operating income contractions. Wall Street remains focused on how management controls these escalating investments while expanding user metrics. Meanwhile, the creation of nonvoting shares has generated an overhang issue that market participants want resolved.

    What is confirmed

    • Meta reported third-quarter revenue of $64.6 billion.
    • Chief Executive Officer Mark Zuckerberg stated that Meta will build superintelligence through scaling.
    • Meta revenue increased by 26 percent.
    • Muse accounts have topped 10 million.

    Still unconfirmed

    • Meta stock fell as investors weighed Muse growth against rising artificial intelligence costs.

    What to watch next

    • Further details on capital expenditure guidance for artificial intelligence infrastructure
    • Developments regarding the nonvoting share overhang on Wall Street
    Sources used for this update (13)
    1. The New York Times — Meta Raises Its A.I. Spending, Even as Cash Pressures Grow
    2. AP News — Meta Q3 revenue tops estimates and Zuckerberg says Muse accounts have topped 10 million
    3. Yahoo Finance — Mark Zuckerberg Says Meta Will ‘Build Superintelligence Through Scaling’ After $64.6 Billion Q3 Beat, META Stock Jumps After Hours
    4. Voice of Alexandria — AP Business SummaryBrief at 7:13 a.m. EDT
    5. Marketing4eCommerce — Meta's revenue increases by 26% while its operating income falls
    6. Computing UK — Meta wants your money but not your vote
    7. Yahoo Finance — Meta's new nonvoting shares create an overhang — and Wall Street wants it gone
    8. Reuters — Meta falls as investors balance Muse growth with rising AI costs
    9. finance.yahoo.com — Mark Zuckerberg Says Meta Will ‘Build Superintelligence ...
    10. ucapital.com — Zuckerberg says Meta will build… | UCapital News
    11. www.kucoin.com — Meta CEO Mark Zuckerberg Outlines Path to Superintelligence ...
    12. finance.yahoo.com — Meta Q3 revenue tops estimates and Zuckerberg says Muse ...
    confidence 100%
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