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 parent company of Facebook, Instagram, and WhatsApp saw its net income so…
Meta posts big profit, plans massive AI investment
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Jan-31
Technology
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Score: 0.80
Meta’s announcement of soaring profits and plans for extensive AI development signifies a potential boon for economic growth, showcasing the strength and innovation of American tech companies amid regulatory overreach.
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Jan-31
Technology
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Score: 0.20
While Meta announces significant profits and its intention to invest heavily in artificial intelligence, critics question the social media behemoth's commitment to addressing the harmful impacts of its platforms on democracy and mental health.
From Raw Story