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Core News Facts
Meta Platforms, the parent company of Facebook and Instagram, serves approximately 3.45 billion users daily and is leveraging artificial intelligence (AI) to enhance advertising effectiveness. In Q3, Meta reported a 14% increase in ad impressions year-over-year, alongside a 10% rise in the average price per ad, contributing to a 26% growth in total revenue compared to the previous year.
Management raised its AI spending outlook for 2025 and anticipates a major “paradigm shift” in the industry over the next five to seven years. Despite the recent market trend indicating potential overvaluation in AI stocks, Meta’s financial stability and extensive user base position it for long-term success.
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