Meta Platforms’ heavy spending on artificial intelligence and the early response to its Muse personal assistant are likely to take centre stage when the social media company reports its third-quarter results on Wednesday, according to Reuters report.
The company has been stepping up its AI push as CEO Mark Zuckerberg looks to build new sources of revenue beyond advertising and compete with OpenAI and Anthropic. Reuters reported that Meta’s latest AI launches, including Muse, have helped strengthen investor confidence in its strategy, even as the company commits hundreds of billions of dollars to expanding AI infrastructure.
