Inside Meta's AI Meltdown: How Zuckerberg Lost $29B Overnight — and What Went Wrong
NegativeArtificial Intelligence
Meta's ambitious $70 billion investment in artificial intelligence has backfired dramatically, leading to an 11% drop in shares and erasing $29 billion from Mark Zuckerberg's wealth overnight. This shocking turn of events has sent ripples through Wall Street, raising concerns among investors about the company's future direction and the viability of its AI strategy. The situation highlights the risks associated with high-stakes investments in emerging technologies and serves as a cautionary tale for other tech giants.
— Curated by the World Pulse Now AI Editorial System




