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  • 29/05/2025 06:20 ‘We need to get
Meta quarterly profit climbs despite big cloud spending
Home » Science & Technology » Computers » Meta quarterly profit climbs despite big cloud spending

Meta quarterly profit climbs despite big cloud spending

AFP 01/05/2025 06:26

Tech giant Meta reported quarterly profits well above expectations Wednesday, brushing aside market worries that its heavy investments in cloud computing and artificial intelligence would hamper growth. The company reported a $16.6 billion profit in the first three months of the year on revenue of $42.3 billion…

Digital Journal
Tech giant Meta reported quarterly profits well above expectations Wednesday, brushing aside market worries that its heavy investments in cloud computing and artificial intelligence would hamper growth. The company reported a $16.6 billion profit in the first three months of the year on revenue of $42.3 billion…
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