Meta Platforms Keeps On Upping the AI Ante. Here's What Investors Should Know.
The potential for Meta's artificial intelligence (AI) wager goes beyond its core business.Briefly last month, it seemed like Meta Platforms (META 0.29%) was starting to "play it safe" with its big wager on generative AI. On Aug. 20, the Wall Street Journal reported that the Facebook parent was putting a freeze on its AI recruitment spree.However, within a day, Alexandr Wang, Meta's chief AI officer, dispelled this report, stating, "We are truly only investing more and more into Meta Superintelligence Labs a ...