Meta reported better than expected third-quarter earnings on Wednesday, with Mark Zuckerberg citing AI progress as a factor.

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Meta Platforms, Inc. reported a strong third-quarter revenue of $40.59 billion, surpassing market expectations. CEO Mark ...

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The company outperformed Q3 expectations with Mark Zuckerberg citing AI progress as a factor. Meta spent the year pouring money into AI research and development and doesn't expect to stop soon.