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Meta’s Costs Skyrocket as Zuckerberg Pushes Investments In Metaverse, AI

Meta’s Costs Skyrocket as Zuckerberg Pushes Investments In Metaverse, AI

by By David Westenhaver | Oct 31, 2022

By David Westenhaver Facebook parent Meta Platforms Inc. reported skyrocketing expenses Wednesday as costly investments in the metaverse, artificial intelligence, servers, and data centers hurt the company’s bottom line.  The social media company reported...

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Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.
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