The company finalized the acquisition of SkyWater Technology, and raised its full-year sales guidance to between $280 million and $290 million. Meta Platforms: Sustaining Large Revenue Baselines Through Advertising ScaleMeta Platforms (META +0.37%) primarily generates its revenue by delivering targeted digital advertising placements to consumers across its expansive family of highly recognized global social media applications, messaging networks, and virtual reality hardware systems. Foolish TakeTech titans IonQ and Meta Platforms both pursue transformative technologies. Meta Platforms may have made a name for itself in the social media space, but it has been aggressively investing in artificial intelligence. While AI contributed to 28% year-over-year revenue growth to $60.8 billion in Q2, the costs cut into profits.