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Zuckerberg's AI Vision Costs Big | Raleigh News
Published 1 week, 6 days ago
Description
Zuckerberg’s dream of AI as ubiquitous as electricity is costing Meta billions—capital spending jumped over 30 billion in Q2 alone, crushing free cash flow and forcing the company to take on massive debt instead of buying back stock. While he touts universal AI access as the key to progress, shareholders, bondholders, and advertisers are paying the price as returns remain uncertain.
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