Meta Beats Wall Street Estimates But Warns AI Spending Will Surge In 2025 ...Middle East

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Meta Beats Wall Street Estimates But Warns AI Spending Will Surge In 2025
Meta handily beat Wall Street estimates in Q2 2024, but it warned investors that it continues to lose billions on its “Reality Labs” division, and added that the company expects to spend even more next year as it builds out its artificial intelligence division. “We currently expect significant capital expenditures growth in 2025 as we […]

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