Meta ad revenue jumps 27% in Q1 2024
Meta’s ad revenue increased 27% in Q1 2024, a significant improvement over the 4% growth it saw in the same quarter a year ago.
Advertising revenue was $35.6 billion in Q1 2024 compared to $28...
Meta sounds profit warning as AI spending soars
Meta CEO Mark Zuckerberg has sounded a warning to investors that it will take considerable time before any significant returns are made on generative artificial intelligence (AI).
The chief of Faceboo...
Meta’s AI Spending Plans Leave Investors Unnerved
Wall Street investors are reportedly uneasy about Meta’s multi-billion-dollar artificial intelligence (AI) plans.
The company’s stock fell 15% in early trading Thursday (April 25), Bloomberg New...
Perplexity AI: Exploring AI-powered search beyond Google
The rise of generative AI and large language models (LLMs) has opened the possibility of disrupting Google’s long-standing dominance in the search engine market. One such challenger is Perplexity, ...