Meta's AI plans are costing way more than they thought

Meta's Q1 earnings report reveals it was off by at least $5 billion in capital expenditures.The report said costs are expected to increase as the company invests "aggressively" in AI.Meta also cited higher infrastructure and legal costs as the factors behind the increase.  NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go ...