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Meta profits soar but costs of AI cause worry

Meta profits soar but costs of AI cause worry
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Meta profits soar but costs of AI cause worry

Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but worries about the cost of artificial intelligence saw its share price take a hit on Wall Street.

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Meta sees profits soar in first quarter

Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but worries about the cost of artificial intelligence saw its share price take a hit on Wall Street.

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Mark Zuckerberg defends Meta's AI spending as shares fall

Open Editor's Digest for freeFT editor Roula Khalaf picks her favorite stories in this weekly newsletter.Mark Zuckerberg has reignited investor fears

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Mark Zuckerberg defends Meta's AI spending spree as shares tumble

Mark Zuckerberg rekindled investor fears that he would not control costs at Meta after vowing to increase spending and turn the social media group into “the...

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Meta sees profits soar in first quarter | Borneo Bulletin Online

SAN FRANCISCO (AFP) – Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter as the company continues to see stellar ad growth across its family of world-leading social media apps. The company founded by Mark Zuckerberg said that net profit in the January to March period rose to USD12.4 billion with total revenue, […]

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Meta Sees Profits Soar In First Quarter

Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter as the company continues to see stellar ad growth across its family of world-leading social media apps. The company founded by Mark Zuckerberg said that net profit in the January to March period rose to ..

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Meta's ad billings propel 27% revenue surge | News

The tech giant has more than doubled its revenue from AI-powered ad tools. However, it expects lower revenue for the second quarter.

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Meta Profits Soar But Costs Of AI Cause Worry

Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but worries about the cost of artificial intelligence saw its share price take a hit on Wall Street. The company founded by Mark Zuckerberg said that net profit in the January to March period rose to $ ..

San-francisco , California , United-states , Mark-zuckerberg , Debra-williamson , Mike-proulx , Twitter , Pakistan-point-news , Facebook-owner-meta , Sonata-insights ,