Meta's AI conundrum: Here's what to know

Meta shares are rising today on its potential diversification away from Nvidia, but Meta's massive AI funding has been weighing on the stock. Shares underperforming the other tech giants, down about 16 and 12% since its last earnings report despite beating expectations, raising red flags for investors. Meta's capital expenditures are growing far faster than its revenue.This year's capex are projected to be as much as $72 billion. That's that would be an 84% increase from last year's capex. So that would mea ...