Meta Platforms Pauses AI Spend. Here's Why That's a Good Thing For Investors

Few companies have spent as much on artificial intelligence (AI) as Meta Platforms (NASDAQ: META). While many companies have invested heavily in AI infrastructure, almost nobody has spent as much on talent. Meta made headlines a few weeks ago when it was offering some of the biggest names in AI nine-figure bonuses to join its team. That's practically unheard of compensation outside of sports leagues, which showed Meta meant business regarding its AI approach.However, there appears to be a strategic pivot underway. Several reports have broken about Meta pausing AI hiring spending. This caused a slight bit of panic, as many worried that AI may not be panning out as some predicted. I don't think that's the case at all, and this pause on AI talent spending by Meta is a smart move.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool