Tech giant Meta’s AI spending spree has hurt investors’ sentiments despite good quarterly results. The shares of the company took a downward turn despite having reported a robust result. Financial Times reports that the firm also raised its capex guidance, giving a hit to investor sentiments. Meta’s AI Spending Spree Sends Shares Down According to The post Meta’s Continued AI Spending Spree Overshadows Robust Q1 Earnings appeared first on CoinGape .
