ReferIndia News Meta Platforms: AI Revolution Spurs Revenue Surge Amid Investor Concerns

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Meta Platforms: AI Revolution Spurs Revenue Surge Amid Investor Concerns

Published on: July 31, 2025, 6:04 a.m. | Source: Devdiscourse

Meta Platforms forecast exceeding third-quarter revenue expectations, driven by AI advances in its advertising business. Despite higher capital spending, the company's shares rose 11%. CEO Mark Zuckerberg highlights AI developments but faces regulatory scrutiny and competitive challenges. Instagram's growing ad revenue is pivotal in offsetting investor concerns.

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