Meta Platforms says seeing more people come back to Threads daily than expected

Says Facebook now has more than 3B monthly active users. Says groundbreaking AI products in the pipeline. Says quite optimistic on Threads trajectory. Says seeing more people come back daily than expected. Says as good as start as can ask for. Says leaner organization can build higher quality products faster and Threads is an example. Says will still hire in key areas. Says working through figuring out right amount of AI capital expenditures. Says riding AI in the near term and the metaverse in the long term. Comments taken from Q2 earnings conference call.