Meta misses earnings forecasts after Zuckerberg media push to promote AI (theguardian.com)

Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AI Mark Zuckerberg’s media spree touting the positive effects of artificial intelligence did little to cushion the blow of Meta’s second-quarter earnings, which sent its stock tumbling on Wednesday. In a Wall Street Journal op-ed published on Tuesday, the Meta chief executive expressed his optimism for a world where everyone has access to a super-intelligent machine. Continue reading...