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Facebook parent company Meta shows strong growth as AI ...


Facebook parent company Meta shows strong growth as AI ...

Facebook owner Meta saw net income and revenues top expectations on Wednesday, October 30 as the company said it would expand investments into artificial ...

Meta shows strong growth as AI spending surges

Facebook owner Meta saw net income and revenues top expectations on ... The social media behemoth, which is also the parent company of ...

Meta projects sharp acceleration in AI costs after results beat Wall ...

Facebook owner Meta Platforms on Wednesday warned of "significant acceleration" in artificial intelligence-related infrastructure expenses ...

Meta's 3Q profit surges 35% reflecting strong ad revenue, AI push

Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to ...

Meta's third-quarter profit surges 35% reflecting strong ad revenue ...

Cohen added that while AI is “clearly driving growth” at Meta, “investors appear to be disappointed over the company's forward guidance and ...

3 years after turning Facebook into Meta, Mark Zuckerberg's ... - Quartz

While Meta's metaverse dreams have yet to come true, the company's artificial intelligence efforts are paying off.

Meta: Intelligent use of AI gives earnings boost to Facebook's owner

... company experienced robust growth in its advertising sales, thanks to AI-powered technology ... The parent company of Facebook, Meta ...

Facebook parent Meta sees strong global ad sales while keeping AI ...

Meta Chief Financial Officer Susan Li told analysts on a call that the company was "continuing to see healthy global advertising demand" and was ...

Meta Stock Jumps As Facebook Parent Unpacks AI Strategy

Meta Platforms (META) stock rallied early Thursday on the social media giant's strong second quarter earnings.

Mark Zuckerberg says Meta's AI tool is on pace to be the 'most used ...

Investments in artificial intelligence will account for a significant increase in Facebook parent company Meta's expenses in the coming year ...

Meta advertising growth proof that hefty AI spending is paying off

Meta reported revenue growth of 22% from a year earlier to $39.07 billion, with 98% of its sales coming from advertising, primarily on Facebook and Instagram.

Facebook Parent Meta Sees Strong Global Ad Sales While Keeping ...

Li and Chief Executive Mark Zuckerberg said those tools would continue to drive growth in the coming two years, while new generative AI features ...

Meta's AI spending tests Facebook's growth-first playbook

Meta (META) CEO Mark Zuckerberg invoked an earlier Facebook era, when the social network transitioned to mobile phones, to remind investors that ...

Meta More Than Doubled Revenue From Its AI-Powered Ad Tool

Meta, parent company of Facebook and Instagram, reported a 27% increase in revenue, reaching $36.5 billion, compared with $28.6 billion in the first quarter of ...

Meta's shares soar after revenue growth reassures investors on AI ...

Meta shares rose on Thursday, after Mark Zuckerberg said that strength in the Facebook parent's core advertising business will allow the company to continue ...

Meta posts strong revenue growth as it touts bet on AI tools

Meta shares rose after it reported its first double-digit revenue growth since 2021, as chief executive Mark Zuckerberg said the company's costly bet on ...

Is Meta Stock A Buy Ahead Of Connect Conference?

Shares of Facebook parent company Meta Platforms (META) is fighting to reignite its rally from last month, which was helped by a strong ...

Facebook, Instagram Parent Company Meta Shares Tumble Amid ...

Wall Street was alarmed by Meta's aggressive drive into AI development, despite the technology company's first-quarter earnings and revenues ...

Chart: Meta Returns to Growth After Challenging 2022 - Statista

After suffering its first-ever revenue decline in 2022 in the face of growing competition from TikTok and strong economic headwinds, ...

Ask Meta AI: Facebook's parent company rolls out latest AI update

All the big tech companies are trying to best each other with the 'Hey, look what our artificial intelligence can do now' updates, ...