Meta's Capital Expenditures Under Review as Advertising Growth Slows

Thursday, 25 April 2024, 09:00

Meta, the parent company of Facebook, faces scrutiny over its significant capital expenditures directed towards AI projects as its advertising growth shows signs of slowing down. Despite competing with Google and Microsoft in spending, the impact of this strategic focus on AI on Meta's future growth remains uncertain.

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Meta's License to Spend on AI Gets Checked

The Facebook parent's capital expenditures this year will rival outlays from Google and Microsoft, but advertising growth is slowing.

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Meta's License to Spend on AI Gets Checked

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