Meta shares tumble over 10% as Zuckerberg defends AI bets to sceptical investors: ‘This is going to be a big thing’
· livemint.com
Meta Platforms Inc. gave a disappointing quarterly revenue forecast, stepping up pressure on Chief Executive Officer Mark Zuckerberg to allay investor concerns that the company isn’t swiftly benefiting from its massive outlay on artificial intelligence.
Meta's Chief Executive Officer Mark Zuckerberg defended the company's aggressive artificial intelligence spending, telling investors, "I get that this is a big ...