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Meta is spending more on AI: Where the money is going

Brad Smith
·Host

According to company filings, Meta (META) will boost its full-year capital expenditures to a range of $35 to 40 billion, which was more than what some analysts expected. In a statement from the company, Meta plans to "invest aggressively to support our ambitious AI research and product development efforts.”

Yahoo Finance Tech Editor Dan Howley joins Wealth! to break down Meta's capital expenditures into AI and more.

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Nicholas Jacobino