Meta Misfire, Market Selloff
Bloomberg Intelligence
00:00
Impact of AI Investments on Facebook's Financial Results
Discussion on Facebook's recent financial results, increased spending on AI, potential business model shift, energy costs associated with AI, estimated CAPEX, market reactions, utilization of AI in advertising, competition with Google, Meta's strength in targeting, metaverse prominence, regulatory challenges, upcoming tech earnings for Alphabet and Microsoft, evolving landscape of AI, and strategic advantages for companies.
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