The post Meta’s AI Spending: A Metaverse Echo Raising Investor Eyebrows appeared first on StartupHub.ai.

“Significant AI investments despite unknown revenue mirrors the ’21, ’22 Metaverse spending.” This stark observation, highlighted by Jason Helfstein, Oppenheimer’s Head of Internet Research, encapsulates the core concern driving his firm’s recent downgrade of Meta Platforms. The market, it seems, is experiencing a sense of déjà vu, wary of another massive capital expenditure cycle with […]

The post Meta’s AI Spending: A Metaverse Echo Raising Investor Eyebrows appeared first on StartupHub.ai.