Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how its bets on pricey artificial intelligence-powered tools are paying off.

Social network operator Meta Platforms (NASDAQ:META) in Q4 CY2024, with sales up 20.6% year on year to $48.39 billion. On the other hand, next quarter’s revenue guidance of $40.65 billion was less impressive,

Meta, along with nearly every other major tech company, suspended Trump’s accounts in 2021 after the Capitol attack by his supporters.

The president had sued the social-media company after his accounts were suspended following the Jan. 6 riot at the U.S. Capitol.

The Silicon Valley giant was criticized for giving away its core A.I. technology two years ago for anyone to use. Now that bet is having an impact.

Meta — and the rest of Big Tech — has been chasing face computers for years. Maybe 2025 will be the year it happens?

I continue to think that investing very heavily in CapEx and infra is going to be a strategic advantage over time.’

Meta has defended its $65bn (£52bn) investment in artificial intelligence (AI) days after US tech stocks wobbled in the wake of Chinese AI app DeepSeek's sudden rise. Chief executive Mark Zuckerberg said to investors on Wednesday there was a lot to learn from DeepSeek,

Key Takeaways Meta CEO Mark Zuckerberg said Wednesday’s that the rapid rise of competitors from China has only strengthened the tech giant’s commitment to its AI ambitions. The CEO said it’s too early to know how growing competition from China could impact its future investments.