Zuckerberg raises Meta's AI spending to $130 billion — investors await return on neural network investments
Meta's Q2 revenue reached $47.5 billion, but AI spending surged 55% to $42 billion quarterly, and annual investment ceiling was raised to $130 billion, mainly for data centers and computing power. Investors reacted negatively due to lack of clarity on monetization, causing a 9% stock drop.
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Rusbase (RB.RU)30.07 · 20:02
