Meta Platforms forecast third-quarter revenue well above Wall Street estimates on Wednesday, as artificial intelligence continued to strengthen its core advertising business, sending its shares up 10% in extended trading.

The settlement abruptly halted a high-profile trial in Delaware Chancery Court just as Zuckerberg and others were scheduled to testify.

In a new open letter, Mark Zuckerberg wrote that he is “extremely optimistic” that super-intelligent AI will play a major role in moving humanity forward. And unlike some other big players in the AI industry,