#capital-expenditur

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The Motley Fool
5 months ago
Artificial intelligence

The Smartest Artificial Intelligence (AI) Stock to Buy With $500 Right Now | The Motley Fool

Meta Platforms is a company that has been building advanced AI applications for over a decade and its potential may still be underappreciated.
Meta spent around $28 billion in 2023 on capital expenditures and expects to spend $30 to $35 billion next year, driven by investments in AI hardware and data centers. [ more ]
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