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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 $ ..

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.

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 ..

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, […]

Google parent Alphabet s Q1 profits beat estimates: company

Google's parent Alphabet on Thursday trounced revenue and profit expectations for the first quarter of this year, causing shares to leap more than 12 percent. Alphabet shares that ended the formal trading day down slightly leapt more than 12 percent to $177 in after-market trades that followed release of the earnings figures.

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