Meta Platforms Keeps On Upping the AI Ante. Here's What Investors Should Know.

Briefly last month, it seemed like Meta Platforms (NASDAQ: META) was starting to "play it safe" with its big wager on generative AI. On Aug. 20, the Wall Street Journal reported that the Facebook parent was putting a freeze on its AI recruitment spree.However, within a day, Alexandr Wang, Meta's chief AI officer, dispelled this report, stating, "We are truly only investing more and more into Meta Superintelligence Labs as a company," adding, "Any reporting to the contrary of that is clearly mistaken."Since then, additional developments have underscored that Meta intends to keep on increasing its AI bet. To many investors, this may sound like cause for caution, given the recent rise in concern about a possible "AI bubble." However, considering all factors, there may still be good reason to be bullish on Meta stock long term.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool