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home / news releases / META - Cloud AI spending may 'flatten out.' What are the implications if it does? Or doesn't?

META - Cloud AI spending may 'flatten out.' What are the implications if it does? Or doesn't?

Meta Platforms Inc

2024-06-29 09:00:00 ET

Artificial intelligence spending could rise $60B year-over-year in 2024, bringing the total to roughly $167B since the AI craze started, Barclays estimates. And although the spending frenzy has shown no signs of slowing down, the investment firm wonders when enough is enough. ...

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Cloud AI spending may 'flatten out.' What are the implications if it does? Or doesn't?
Stock Information
Company Name: Meta Platforms Inc
Stock Symbol: META
Market: NASDAQ
Website: facebook.com
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