Zuckerberg Lays Out Meta's AI Capacity Dilemma: What to Sell vs. What to Keep
Susan Li said selling AI technology to other companies could boost returns as Meta’s free cash flow fell to $784 million, its lowest in at least five years.
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8 Articles
Meta states that it has received several requests for its computational capacity, which has become increasingly valuable as the availability of infrastructure in the sector remains restricted. Exclusive material for subscribers. To have full access, access the link of the material and register.
Meta’s Zuckerberg strains to assuage investor worries on AI bet
Meta gave a disappointing revenue forecast for the current quarter, intensifying investor concerns that the social media giant isn’t swiftly benefiting from its massive outlay on artificial intelligence. Ed Ludlow reports. (Source: Bloomberg)
The Internet group is growing more slowly and its net profit is even declining. The stock exchange is disappointed with the quarterly figures. Mark Zuckerberg justifies the gigantic investments in artificial intelligence.
The income results of the second quarter and the projections for this quarter were below market expectations.
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