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Meta's AI spending, Muse assistant adoption in focus for quarterly results

Meta's upcoming third-quarter results will reflect its significant investments in artificial intelligence technologies and products. The company's revenue is expected to grow by 23.8%, despite intense competition from rival firms. Analysts predict a decline in net income, estimating it at $15.44 billion for the quarter. Investor confidence has increased due to positive responses towards its Muse personal assistant and new AI models.

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Economic TimesLean R·1h ago
Meta's AI spending, Muse assistant adoption in focus for quarterly results
Meta's upcoming third-quarter results will reflect its significant investments in artificial intelligence technologies and products. The company's revenue is expected to grow by 23.8%, despite intense competition from rival firms. Analysts predict a decline in net income, estimating it at $15.44 billion for the quarter. Investor confidence has increased due to positive responses towards its Muse personal assistant and new AI models.
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Meta's AI spending, Muse assistant adoption in focus for quarterly results

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