Business Insider
Business Insider
US · 25 mins ago

Meta is 'throwing spaghetti at the wall' with its AI strategy, one analyst warns

Meta CEO Mark Zuckerberg. Bloomberg/Getty Images Meta's stock is tumbling as its AI bets wipe out most of its free cash flow. One analyst said its latest AI rollouts feel like "throwing spaghetti on the wall." Meta says its AI investments are accelerating its core business, and there's much more to come. Meta's AI strategy is, once again, worrying investors. The social media giant's stock tumbled 10% on Wednesday after it disclosed that its capital expenditure growth far outpaced revenue…
Business Insider
Do you trust Business Insider?
Sign in to rate
Discussion
?

No comments yet — be the first to start the discussion!