Meta shares sink as AI doubts rise
by The Telegraph
The Telegraph— Shares in Meta plunged on Wednesday after the US tech giant revealed plans to increase spending on artificial intelligence (AI) technology.
NextBigFuture.com—Meta Free AI Models and Integrating AI Ask Meta Query Into Facebook and Instagram. Meta has put Meta AI front and center in the search bars for Facebook and Instagram that have served as key tools to find content from particular friends or creators. This is what the All-in-Podcast guys called scorched Earth for AI. This means almost no one will pay the $20 per month or other subscriptions
BBC News—Meta shares sink after it reveals spending plans. The firm said expenses would be higher this year as it spends heavily on artificial intelligence.
Bloomberg.com—Watch Why Shares of Meta Are Sinking After Earnings Report. Angelo Zino, CFRA Research senior equity analyst, reacts to Meta Platforms' first-quarter earnings report on Bloomberg Television. The...