Meta's Spending Looks Alarming, Until You See What's Behind It

By Yahoo! Finance   |   1 month ago
Meta's Spending Looks Alarming, Until You See What's Behind It

AI has evolved significantly with generative AI, leading to an AI gold rush. Meta Platforms excels in AI, driving efficiencies and competitiveness. Despite a mixed Q3, revenue grew 26% to $51.2B, but expenses surged by 32%, impacting EPS.

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