Meta plunges nearly 15% after Mark Zuckerberg’s firm forecasts higher expenses from ‘aggressively’ investing in AI ...Middle East

Meta plunged nearly 15% Thursday after the Facebook-parent forecast higher expenses over its plans to “invest aggressively” in artificial intelligence. The Mark Zuckerberg-led tech giant’s stock was down 13.5%, at $427 at 11:30 am ET — threatening to wipe roughly $200 billion in market cap. Zuckerberg’s net worth also took a massive hit, wiping out about...

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