Meta’s High-Stakes AI Gambit

The social media behemoth Meta continues to generate substantial advertising revenue, yet a palpable sense of investor unease persists. Under CEO Mark Zuckerberg’s leadership, the company is making an enormous, concentrated bet on artificial intelligence. This strategic pivot unfolds against a backdrop of robust core business profitability and soaring infrastructure expenditures, all while new regulatory challenges emerge in Europe. The central question remains: is this a visionary path to the future, or a perilously expensive financial misstep?

Compounding internal financial pressures, Meta faces escalating regulatory scrutiny. Italian competition authorities have broadened their investigation into the company. The probe focuses on the integration of AI features into WhatsApp without obtaining explicit user consent, Read more...