Meta’s Advantage+ and AI ads drive faster revenue gains, Bernstein says
Meta’s AI-driven ad push is translating into measurable results: ad impressions rose 14% and average ad price increased 12%, while Bernstein says Meta captured nearly half of incremental digital ad spending in Q2. Meta’s Family of Apps ad revenue was about $59.4B versus Google’s $63.3B, and Meta also cited Advantage+ at roughly $75B annualized revenue.