Meta says revenue will be weak as it spends even more on AI

on Apr 25, 2024 04:16:AM

Meta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a row. The company plans to spend even more on AI in the coming months, though, and its share price slumped more than 15% as the company reported earnings Wednesday. A weak sales forecast and higher spending […]

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