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Meta’s AI Spending Spree: CMO Defends the Bet Amid Investor Jitters
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Meta’s AI Spending Spree: CMO Defends the Bet Amid Investor Jitters
In the high-stakes world of Big Tech, Meta Platforms Inc. is doubling down on artificial intelligence, pouring billions into infrastructure and research despite growing investor concerns about profitability. As the company ramps up its capital expenditures to unprecedented levels, Chief Marketing Officer Alex Schultz has emerged as a vocal defender of this aggressive strategy, arguing that AI is not just a cost center but a transformative force …
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