Facebook owner Meta touts AI might as digital ads boost outlook; shares jump

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Facebook owner Meta touts AI might as digital ads boost outlook; shares jump

Meta Platforms Inc CEO Mark Zuckerberg said on Wednesday that AI was helping the company boost traffic to Facebook and Instagram and earn more in ad sales, as it forecast quarterly revenue well above analyst expectations.

https://www.reuters.com/technology/facebook-parent-meta-sees-higher-than-expected-second-quarter-revenue-2023-04-26/

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