Comment on Meta's going to spend like crazy on AI in the next year — and investors don't hate it

Meta's going to spend like crazy on AI in the next year — and investors don't hate it

Meta expects infrastructure costs to be a "significant driver of expense growth next year."Jeff Bottari/Zuffa LLC via Getty Images; iStock; Rebecca Zisser/BIMeta's second-quarter revenue hit $39 billion, surpassing Wall Street expectations.The company says it's going to keep spending big this year to support AI research and development.Investors cheered despite the plans for increased spending.

 

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