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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Vuk ZdinjakWed, Sep 10, 2025, 6:03 PM 3 min readSince Facebook changed its name to Meta, it has been trying to reposition itself as more than just a social media company. The Metaverse play turned out to be a big flop, and the company pivoted to artificial intelligence. Meta hopes to become the first to achieve "superintelligence," thereby winning the AI race.The company showed that it is absolutely committed to achieving this goal by heavily investing in the AI infrastructure and poaching many AI experts from other companies in the past few months. I've covered those activities here.Meta has sold more than 2 million units of second generation Ray-Ban smart glasses since launch.Bloomberg/Getty ImagesOn July 30, Meta  (META)  reported its results for Q2 of fiscal 2025.During the earnings call, Mark Zuckerberg, founder, chairman, and CEO, said that AI has improved Meta's ability to show people more engaging content and that the recommendation system has become so much better that it led to a 5% increase in time spent on Facebook and 6% on Instagram in Q2.Related: Bank of America revamps Palantir stock outlook after AIPConRevenue was $47.52 billion, an increase of 22% year-over-year.Total costs and expenses were $27.07 billion, an increase of 12% YoY.Capital expenditures, including principal payments on finance leases, were $17.01 billion.Cash, cash equivalents, and marketable securities were $47.07 billion as of June 30, 2025.Cash flow from operating activities was $25.56 billion.Free cash flow was $8.55 billion.Total expenses to be in the range of $114 to $118 billion.Capital expenditures, including principal payments on finance leases, in the range of $66 to $72 billion."Over the last few months, we've begun to see glimpses of our AI systems improving themselves, and the improvement is slow for now but undeniable," Zuckerberg said. "And developing superintelligence, which we define as AI that surpasses human intelligence in every way, we think is now in sight."Meta's annual Connect developer conference starts on September 17. According to CNBC, the company will use it to announce a stronger campaign for smart glasses and launch its first consumer-ready glasses with a display.Related: Analysts revamp Broadcom price target on OpenAI dealThe glasses, internally called Hypernova, are expected to be priced around $800. Meta is anticipated to launch its first wristband, which lets users operate the glasses with hand gestures.More AI Stocks:Veteran analyst revamps Palantir stock game plan after slumpVeteran Nvidia analyst drops blunt 4-word message on its futureAI stocks face a reality check after a $1.5 billion implosionTerms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,540.73 +28.12 (+0.43%)Dow 3045,515.76 -195.58 (-0.43%)Nasdaq21,940.93 +61.44 (+0.28%)Russell 20002,383.65 +1.83 (+0.08%)VIX14.77 -0.27 (-1.80%)Gold3,683.10 +0.90 (+0.02%)PortfolioSign in to access your portfolioSign inTop gainersORCL Oracle Corporation 339.92 +98.41 (+40.75%)TVTX Travere Therapeutics, Inc. 27.52 +5.88 (+27.15%)BE Bloom Energy Corporation 65.35 +10.35 (+18.81%)CRWV CoreWeave, Inc. 118.91 +18.69 (+18.65%)VRT Vertiv Holdings Co 138.43 +12.85 (+10.23%)Top losersQMMM QMMM Holdings Limited 134.20 -72.80 (-35.17%)SNPS Synopsys, Inc. 396.02 -208.35 (-34.47%)CHWY Chewy, Inc. 34.90 -7.20 (-17.10%)NEXT NextDecade Corporation 8.33 -1.61 (-16.21%)RBRK Rubrik, Inc. 83.92 -14.58 (-14.81%)Most activeNIO NIO Inc. 5.69 -0.59 (-9.41%)OPEN Opendoor Technologies Inc. 5.79 -0.32 (-5.29%)NVDA NVIDIA Corporation 177.58 +6.82 (+3.99%)ORCL Oracle Corporation 339.92 +98.41 (+40.75%)CRWV CoreWeave, Inc. 118.91 +18.69 (+18.65%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersORCL Oracle Corporation 339.82 +98.31 (+40.72%)NVDA NVIDIA Corporation 177.61 +6.85 (+4.01%)KLAR Klarna Group plc 40.00 0.00 (0.00%)AVGO Broadcom Inc. 368.30 +31.63 (+9.39%)SNPS Synopsys, Inc. 395.99 -208.38 (-34.48%)Top economic events