Meta Platforms Pauses AI Spend. Here's Why That's a Good Thing For Investors

Meta Platforms is still investing heavily in AI infrastructure.Few companies have spent as much on artificial intelligence (AI) as Meta Platforms (META -1.69%). While many companies have invested heavily in AI infrastructure, almost nobody has spent as much on talent. Meta made headlines a few weeks ago when it was offering some of the biggest names in AI nine-figure bonuses to join its team. That's practically unheard of compensation outside of sports leagues, which showed Meta meant business regarding its ...