Meta Platforms (META.O) CEO said AI-related spending has weighed on the company and that, but for those costs, the stock would be higher; he described the outlay as a long-term investment.

2026-07-03

Meta Platforms (META.O) CEO said AI-related spending has weighed on the company and that, but for those costs, the stock would be higher; he described the outlay as a long-term investment.