Meta shares slide as tech giant hikes AI spending forecast, warns of youth social media backlash

Meta shares slide as tech giant hikes AI spending forecast, warns of youth social media backlash

Summary

Meta Platforms raised its annual capital spending forecast on Wednesday, plowing billions more into artificial intelligence infrastructure even as it grapples...

Description

Meta Platforms raised its annual capital spending forecast on Wednesday, plowing billions more into artificial intelligence infrastructure even as it grapples...

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