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Ruchi Gupta

Should Meta Platforms Investors Be Worried About Higher AI Spending?

Meta James Lee Family of Apps Reality Labs

Meta Platforms Inc. (META), formerly known as Facebook Inc., is a multinational technology conglomerate that owns and manages social media sites including Facebook, Instagram, WhatsApp, and Messenger, among other products and services. 

The company operates in two segments, Family of Apps and Reality Labs. Family of Apps overlooks its social media and connectivity apps, while Reality Labs focuses on Augmented Reality (AR) and Virtual Reality (VR) products. 

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