Meta Says It Will Continue Spending, as Growth Surges
Source: New York Times
For months, Meta and other big technology companies have spent heavily to build artificial intelligence technologies, which show no immediate signs of yielding profits. For months, the companies have also delivered a consistent message about the investments: Trust us.On Wednesday, Meta, which owns Facebook, Instagram and WhatsApp, showed it was not changing course. The company said it had spent $8.5 billion in…
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Read the original source at New York Times