Meta CFO Susan Li admits: Salaries adding big to the expense; says: Employee compensation costs, particularly ...
Meta's Q3 earnings revealed significant AI investment, with employee compensation driving costs. The company anticipates spending $70-72 billion on AI infrastructure in 2025, aiming to stay competitive in the AI race. Despite beating revenue, net profit fell due to a tax charge, impacting stock.
Meta's Q3 earnings revealed significant AI investment, with employee compensation driving costs. The company anticipates spending $70-72 billion on AI infrastructure in 2025, aiming to stay competitive in the AI race. Despite beating revenue, net profit fell due to a tax charge, impacting stock.
