Meta's Zuckerberg pitches AI successes to investors with 26% rise in quarterly revenue

Meta's Zuckerberg pitches AI successes to investors with 26% rise in quarterly revenue Issued on: Meta Platforms CEO Mark Zuckerberg touted the company's progress on artificial intelligence during an earnings call on Wednesday and called for more investment. The tech giant's Muse AI agent has garnered 10 million users since its launch six weeks ago, while third-quarter revenue rose to $64.6 billion. Meanwhile, the company is accused of political interference in Brazil's presidential election. Also in this edition, we check in on France's rising borrowing costs. Related keywords [Image text:] PARIS KET TAKEAWAYS FROM META'S EARNINGS CALL WEDNESDAYOCTOBER 21 Boosting capital expenditure to$135-145 billion New class of stock to help with expansion (starting in January) Muse Al agent had 10 million users in first 6 weeks Third quarter revenue rose to$64.6 billion +26% SOURCEMETA Mark Zuckerberg ramps up investments with new share class METASAYSITSBETON AIIS PAYING OFF BUSINESS FRANCEE 24