Workflow
Meta's Spending Looks Alarming, Until You See What's Behind It

Plunging profits led some Meta investors to abandon the stock. That might be a costly mistake.Artificial intelligence (AI) has been around in one form or another for over 50 years, but the technology recently took a giant leap forward with the advent of generative AI. These groundbreaking advances sparked an AI gold rush, but companies that were already proficient in AI had a decided advantage and pounced on the opportunity to stake their claim in the resulting windfall.One such company is Meta Platforms (M ...