Meta posted quarterly revenue of $48.39 million, up 21% and beating estimates.
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The results arrived later than usual after market close.
In AI, Chinese AI model, DeepSeek upended tech stocks Monday.
Meta Platforms CEO Mark ZuckerbergAndrej Sokolow/picture alliance via Getty Images
Does that mean his aggressive 2025 capital program remains warranted.
The Facebook founder said Meta could invest $60 million to $65 million in AI this year.
Thats not all bad if others can find a way to do AI cheaper as well.