Jan 29 : Investors responded to Big Tech earnings this week with a stark warning: they will forgive record spending that brings solid growth, but punish companies if not, showing how much the stakes have changed since ChatGPT's launch more than three years ago. Revenue at Facebook owner Meta Platforms surged 24 per cent in the December quarter, benefiting from online ad targeting bolstered by artificial intelligence. AI also powered a first-quarter revenue forecast that trounced estimates,

Tag-uri: Facebook