Meta experienced a remarkable financial boost in 2024, reporting a net income increase of 59% to $62.36 billion and a revenue rise of 22% to $164.5 billion, driven by enhanced advertising performance. CEO Mark Zuckerberg highlighted progress in AI and technology initiatives, while the company's user base grew to 3.35 billion daily active users. As Meta adjusts its content policies, particularly regarding misinformation and diversity initiatives, it also plans substantial investments in AI infrastructure for future growth, navigating the ongoing dynamics of the political and advertising landscapes.
Meta's ambitious expansion plans for AI, paired with significant profit growth, mark a transformative year focused on user growth and evolving content strategies.
Collection
[
|
...
]