ReferIndia News Meta's Bold AI Ambitions: Capital Overflow and Share Surge

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Meta's Bold AI Ambitions: Capital Overflow and Share Surge

Published on: July 31, 2025, 2:06 a.m. | Source: Devdiscourse

Meta Platforms has forecast third-quarter revenue surpassing Wall Street expectations and raised its annual capital expenditure forecast. The company plans to intensify its AI endeavors, funding them through improved ad content and a massive user base. Instagram's Reels product is also a significant contributor to ad revenue.

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