Even Mark Zuckerberg seems surprised by Meta's pace of spending on AI

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Meta CEO Mark Zuckerberg explained on the earnings call how the speed of Meta's AI technology buildout led the company to lift guidance for capex.

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Category: Technology

Markets: United States

Topics: Articles Technology Social media US: News Mark Zuckerberg Breaking News: Technology Cnbc Source:tagname:CNBC US Source Meta Platforms Inc Alphabet Inc Mobile Internet

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 00:12:12 (6 days ago)

News Timezone: GMT -5:00

News Source URL: cnbc.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CNBC

News ID: 23403380

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