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Meta earns US$9.86 billion but raises AI spending and faces pressure on its cash

TechnologyInternationalPortafolio10 s readAI summary
Image: Portafolio

Meta reported earnings of US$9.86 billion while increasing its spending on artificial intelligence and facing pressure on its cash. The company raised its 2026 investment forecast to a range of between US$135 billion and US$145 billion.

Read the full story at Portafolio

IASummary generated by artificial intelligence from a story by Portafolio. It may contain errors: the original source prevails.

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