According to The Economic Times, Meta’s Q1 FY26 results showed AI upgrades lifted video engagement across Facebook and Instagram. Instagram Reels time spent rose 10%, while Facebook video watch time increased more than 8% globally. Average price per ad rose 12% year-on-year, and more than 8 million advertisers used generative AI ad tools. Meta reported capital spending of US$19.8 billion and net income of US$26.8 billion, with over 3.5 billion daily active users across Meta apps.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
China Blocks Meta's US$2B Manus AI Acquisition
China announced it was blocking Meta's US$2 billion acquisition of AI agent firm Manus, citing concerns over the transfer of Chinese artificial intelligence intellectual property to a US company, according to Tech in Asia reporting.
Manus, a China-founded company that relocated its headquarters to
CryptoFrontier1m ago
Tencent Used Anthropic's Claude Code in Latest Hy3 Model Training, The Information Reports
According to The Information, citing internal Tencent memos and sources, Tencent employees used Anthropic's Claude Code during the post-training phase of Hy3, the company's latest large language model, despite Anthropic's explicit ban on commercial services to Chinese firms citing national
GateNews32m ago
Samsung Electro-Mechanics Gains on AI Demand, KB Securities Raises Target Price on May 4
According to KB Securities on May 4, Samsung Electro-Mechanics maintained a buy rating and raised its target price, citing strong demand for multilayer ceramic capacitors and FC-BGA substrates used in AI servers. The company reported first-quarter revenue of 3.2 trillion won ($2.18 billion) and
GateNews52m ago
Harvard Medical School’s latest study: AI’s diagnostic decision-making in the emergency room is better than that of human doctors
A study published by Harvard Medical School in Science used double-blind testing and clinical reasoning to objectively compare the differences between AI systems and human physicians in interpreting medical records. The results showed that at early emergency-department decision points, AI could be as good as or better than the attending physician, using only the electronic medical record information available at the time. The study also emphasized that AI cannot yet practice medicine autonomously, and physicians remain indispensable; if widely adopted, AI could reduce diagnostic errors and the cost of seeking care.
ChainNewsAbmedia1h ago
South Korea's Top 10 Conglomerates Gain 65% to $2.6 Trillion as AI Chip Stocks Rally
According to The Korea Herald, South Korea's top 10 conglomerates saw their combined market value rise 65% to 3,832.7 trillion won (US$2.6 trillion), driven by a rally in AI-related chip stocks. SK Group posted the largest gain with a 89.6% increase to 1,139.8 trillion won (US$775 billion), led by a
GateNews1h ago
AI Investments Drove 75% of U.S. GDP Growth in Q1, White House Advisor Says
According to David Sacks, White House AI and crypto advisor, commenting on Morgan Stanley data released in early May, AI-related investments contributed approximately 75% of U.S. GDP growth in the first quarter of 2026. Sacks noted that AI investment will drive about 2.5% of GDP growth this year and
GateNews1h ago
