Meta has an AI product problem
Update: 2025-11-02
Description
Meta's AI spending surge, totaling up to $600 billion on U.S. infrastructure, has Wall Street on edge. Despite Mark Zuckerberg's confidence, the company's stock plummeted 12% after a $7 billion expense increase, wiping out $200 billion in value. Meta's AI investments, including the Meta AI assistant, Vibes video generator, and Vanguard smart glasses, haven't yet yielded significant revenue or market-shaking products. With patience wearing thin, Meta must soon demonstrate the value of its massive AI investments and deliver on Zuckerberg's bold AI promises.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
