Meta Slumps on AI Spending, Echoing 2022 Metaverse Rout
NegativeArtificial Intelligence

Meta Slumps on AI Spending, Echoing 2022 Metaverse Rout
Meta Platforms Inc. is facing investor concerns as its significant spending on artificial intelligence brings back memories of the costly investments in the metaverse that previously hurt its stock. This situation highlights the ongoing challenges the company faces in balancing innovation with financial stability, raising questions about its future direction.
— via World Pulse Now AI Editorial System

