Business & EnterpriseFinance2 min reading time

Behind the Scenes, Meta’s Board Is Battling With Mark Zuckerberg Over His Out-of-Control AI Spending

Futurism
Read the full article
Meta's CEO Mark Zuckerberg is clashing with the company's board over his large AI investment spending, which has pushed Meta into negative free cash flow for the first time since 2012. The board has threatened to resign if Zuckerberg does not reduce his compensation demands tied to this spending.

More in Business & Enterprise

AI delivers ‘zero financial payoff’ to most companies, Apollo economist says

Covered by 3 sources