Meta, which owns Facebook, last year’s earnings were approximately $ 62.4 billion, or about $ 56.9 billion, which is 59 percent more than in 2023.
The company’s October-December result increased by 49 % compared to the same period a year earlier and was now approximately $ 20.8 billion, or about $ 19.0 billion.
In connection with its announcement, Meta confirmed its plans to make significant investments in artificial intelligence infrastructure this year.
In addition to Facebook, META owns Instagram, Threads and a communications application WhatsApp in social media services.