Meta shows strong growth as AI spending surges

Meta shows strong growth as AI spending surges …C0NTINUE READING HERE >>>

Meta’s founder and chief executive Mark Zuckerberg has put most of his attention on the company’s AI innovations.
Photo: Drew Angerer / GETTY IMAGES NORTH AMERICA/Getty Images via AFP
Source: AFP

Facebook owner Meta saw net income and revenues top expectations on Wednesday as the company said it would expand investments into artificial intelligence, drawing nervousness from investors.

The social media behemoth, which is also the parent company of Instagram and WhatsApp, said net profit…

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