AI Powers Meta’s Strong Q3 Growth: Profits Soar

By Yiannis Zourmpanos Meta’s Q3 2024 revenue grew 19% YoY to $40.6 billion, driven by strong ad performance across Facebook, Instagram, and WhatsApp. • Ad revenue reached $39.9 billion, increasing 19% YoY, boosted by AI-driven ad targeting and improved ad impressions. • Net income rose 35% YoY, with …

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AI Powers Meta’s Strong Q3 Growth: Profits Soar

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