Tech platforms make pitch for ad deals as TikTok is roiled by politics yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
By Katie Paul and Yuvraj Malik (Reuters) - Meta Platforms disappointed investors on Wednesday with forecasts of higher expenses and lighter than expected revenue, sending its shares tumbling as it races to catch up in AI. Shares of the Facebook and.
Investors appear to be losing
patience with Big Tech s prodigious artificial intelligence
investments this week after Meta Platforms signaled
deeper spending and a long road to profitability. .
During Meta s earnings conference call, analysts peppered CEO Mark Zuckerberg with questions about how the company was pacing its AI investments. One analyst asked whether Meta was spending more because it saw an even bigger opportunity from AI.
AI Spending Worries Cast Gloom Over Alphabet, Microsoft usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.