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

Business Insider
Read the full article
Meta's stock dropped 10% after revealing capital expenditure growth outpaced revenue growth, with 98% of revenue still from ads. The company is experimenting with AI and other products, but its AI strategy remains unclear to analysts. CEO Mark Zuckerberg emphasized ongoing AI development and future revenue potential.

More in Business & Enterprise

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

Covered by 3 sources