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Meta Q2 2024 earnings call highlights AI successes and a $50 billion problem

Meta AI is on pace to become the most popular AI assistant, the youths like Facebook again, and Reality Labs continues to burn money.

By: Android Central

Aug 28 2024
117
6172 Views

Meta Q2 2024 earnings call highlights AI successes and a $50 billion problem

What you need to know

Meta earned $39 billion in revenue this quarter, a 22% YoY increase and its second-biggest quarter ever.
3.27 billion people now use Meta apps daily, while Thre… [+3327 chars]

Meta Q2 2024 earnings call highlights AI successes and a $50 billion problem

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