Meta posts $56.3bn revenue in Q1, as as AI bet accelerates

Businessday | 01-05-2026 08:56pm |

Meta Platforms has announced its financial results for the first quarter of 2026, revealing a significant increase in revenue, which reached $56.3 billion. This figure represents a 33 percent rise compared to the previous year, highlighting the company's robust performance during this period. The growth has been attributed to the accelerated investment in artificial intelligence, which has played a crucial role in driving the company's revenue growth and overall business strategy.

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