Meta's stock tanks 15 per cent as AI spending rises, revenue outlook fails to impress
Related Articles
-
Meta’s stock sags under the weight of aggressive AI spending
Meta has been spending insistently to compete on AI against other tech peers like Microsoft and Alphabet.
-
Meta Stock Slides as AI Spending Ramps Up: What To Know
Meta stock plunged after the Facebook parent increased spending on artificial intelligence and the metaverse.
-
It will take a multi-year investment cycle before Meta’s AI offerings become profitable: Insights from Meta’s Earnings Call
Zuckerberg expressed confidence in monetizing AI through methods like ads and paid access to larger models, leveraging Meta's successful history with scaled technologies.