Meta’s AI spending pushes cash flow negative and shakes tech stocks
Meta's sales jumped 26%, but heavy spending on AI data centres left it with negative free cash flow, and its shares fell about 7%.
Meta's sales jumped 26%, but heavy spending on AI data centres left it with negative free cash flow, and its shares fell about 7%.
From Pennsylvania to New Hampshire, residents are pushing back on AI data centres over noise, power use and electricity bills.