Meta just announced record-breaking Q3 revenue of $40.59 billion, a 19% boost compared to last year! Despite slower growth in digital advertising, Facebookโs parent company is doubling down on AI and augmented reality, driving impressive profits to fuel cutting-edge tech investments.
Meanwhile, Microsoft also reported strong growth, with its cloud-computing sector surging by 33% this quarter. The takeaway? Strategic investments in AI are paying off in a big way!