Meta is 'throwing spaghetti at the wall' with its AI strategy, one analyst warns

Business Insider
Read full post
Meta's stock dropped 10% after revealing capital expenditure growth outpaced revenue growth, with 98% of revenue still from ads. The company is experimenting with AI and other products, but its AI strategy remains unclear to analysts. CEO Mark Zuckerberg emphasized ongoing AI development and future revenue potential.

More in Business & Enterprise

Apple’s first foldable is the iPhone Duo, and it costs $1,999

Covered by 6 sources

Universal Music is launching an AI music platform with ElevenLabs

Covered by 4 sources

Clay raises $115m at a $7.1bn valuation, more than double its 2025 price

The Next Web