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Meta chief Zuckerberg doubles down on AI spending

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Meta chief executive Mark Zuckerberg says he is looking to build the kind of artificial intelligence agent that he'd feel good about giving to his mom

Meta chief executive Mark Zuckerberg says he is looking to build the kind of artificial intelligence agent that he'd feel good about giving to his mom

Meta chief Mark Zuckerberg on Wednesday defended massive spending on artificial intelligence that dragged down shares despite strong earnings boosted by the technology.

The social networking colossus raised its capital expenditures for this year to a range of $125 billion to $145 billion without laying out exactly how that investment would translate into profit.

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