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Zuckerberg Says Meta to Spend Up to $65 Billion on AI This Year

Bloomberg Businessweek

CHAPTER

Strategic Investment and Market Timing in AI and Advertising

This chapter explores Meta's decision to invest $65 billion in artificial intelligence, highlighting industry reactions and concerns over potential overspending. The discussion also touches on the launch of ads on Meta's Threads platform, suggesting a new revenue strategy amidst these substantial AI expenditures.

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