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After-hours trading rose nearly 7%! Meta's Q2 report and next quarter's guidance exceeded expectations, and did not increase the annual capital expenditure limit.
However, the company expects that infrastructure costs will become an important driving factor for expenditure growth in 2025. The operating loss of this year's 'MetaVerse' Reality Lab will increase significantly compared to the previous year. AI investment will also significantly increase capital expenditure in 2025. CEO Zuckerberg said that by the end of this year, Meta AI is expected to become the most widely used artificial intelligence assistant in the world.
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