Meta's Chief Executive Officer Mark Zuckerberg told investors a pricey wager on AI is delivering results. The company boosted its capital spending plans for the year and announced a new class of nonvoting stock that could ultimately be used to help pay for acquisitions and other expenses. Bloomberg's Ruhell Amin breaks down the situation. (Source: Bloomberg)
Meta's Chief Executive Officer Mark Zuckerberg told investors a pricey wager on AI is delivering results. The company boosted its capital spending plans for the year and announced a new class of nonvoting stock that could ultimately be used to help pay for acquisitions and other expenses. Bloomberg's Ruhell Amin breaks down the situation. (Source: Bloomberg)
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