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Mark Zuckerberg, Meta CEO, attributed a rise in user engagement on Facebook and Instagram to advancements in AI, resulting in a 5% and 6% increase respectively in Q2.
Meta's Q2 earnings soared by 22% year-over-year to $47.52 billion, largely fueled by its AI-driven digital advertising sector.
Meta's strong earnings report sent its stock soaring after hours. The company also made it clear that the AI talent wars come ...
The company cited new rules on transparency and targeting of political advertising, which take effect in October and limit ...
The California-based firm posted a 36% YoY jump in Q2 net profit to $18.3 billion, with revenue up 22% to $47.5 billion—both ...
Meta is now firmly focused on artificial intelligence, but its core business is still booming. The tech giant handily topped ...
After a lackluster reception for its Llama 4 model that led to staff departures, Meta has tried to revitalise its AI push by ...
Along with its strong quarter where it beat expectations, Meta spend $9.756 billion buying back its own stock.
Meta Platforms CEO Mark Zuckerberg spent a lot of time during the past few months building his news superintelligence AI team. CEO Mark Zuckerberg expects to deliver “personal superintelligence for ...
Meta CEO Mark Zuckerberg told investors that his new research lab will focus on building AI models that can learn with ...
Meta also warned Wall Street that it would spend more on data centers and hiring next year. In response to all this, the ...
"We have a conviction that superintelligence is going to improve every aspect of what we do,” Mark Zuckerberg told investors ...