Meta up nearly 3% in premarket as it plans mass layoff to offset increased AI spending
Meta is planning capital expenditure of up to $135 billion in AI-related costs in 2026, which raised investors' fears around unsustainable spending....
By CNBC ยท CNBC
Meta is planning capital expenditure of up to $135 billion in AI-related costs in 2026, which raised investors' fears around unsustainable spending.