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Meta ups investment in AI and XR despite rising losses, eyes 2025 growth

Chia-Han Lee, Taipei

Nov 5, 2024, 12:11 0

Meta CEO, Mark Zuckerberg. Credit: AFP

Meta Platforms has raised its 2024 capex forecast to between US$38 billion and US$40 billion, slightly above its earlier projection of US$37 billion to US$40 billion. This adjustment reflects Meta's commitment to extensive infrastructure expansion, with a...

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