San Francisco, Jan 29, 2025 (AFP) - Meta posts big profit, aims to take AI lead

NAMPA / AFP

2025-01-30

Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its artificial intelligence infrastructure in the year ahead. The bullish projection about the company's AI future sent shares in the company spiking by as much as five percent in after hours trading, though this later steadied to two percent. CEO Mark Zuckerberg said he believed that Meta's AI powers would make it a world lead......

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