Meta Earnings Show Increased A.I. Spending, Even as Cash Pressures Grow
Scott Ball for The New York Times
Posted
Eli Tan (via The New York Times - Technology)
The spending has hurt the Silicon Valley giant’s cash flow, which turned negative. Meta said it would issue a new class of stock to help it raise more money.
Artificial Intelligence,
Social Media,
Mobile Applications,
Online Advertising,
Data Centers,
Computers and the Internet,
Company Reports,
Facebook Inc,
Instagram Inc,
Meta Platforms Inc,
WhatsApp Inc,
Zuckerberg,
Mark E
