Meta shares jump 5% as AI investments fuel revenue growth
Meta Platforms said Wednesday that its third-quarter profit jumped more than threefold, as the social media giant's revenue climbed sharply, adding to confidence that the firm's AI spending is improving the business.
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Source: Euronews
Meta Platforms said Wednesday that its third-quarter profit jumped more than threefold, as the social media giant's revenue climbed sharply, adding to confidence that the firm's AI spending is improving the business.
Meta Platforms CEO Mark Zuckerberg touted the company's progress on artificial intelligence during an earnings call on Wednesday and called for more investment. The tech giant's Muse AI agent has garnered 10 million users since its launch six weeks...
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