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Meta Earnings Show Increased A.I. Spending, Even as Cash Pressures Grow

Meta Earnings Show Increased A.I. Spending, Even as Cash Pressures GrowPhoto: NYT Tech

The spending has hurt the Silicon Valley giant’s cash flow, which turned negative. Meta said it would issue a new class of stock to help it raise more money

Read full article at NYT Tech →

Originally published by NYT Tech. Summary and curation by DutyStation News.

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