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Meta's AI Ambition: A Stock Plunge Story

Meta, the company that owns Facebook, is seeing a sharp drop in its stock price. This is because they announced plans to invest a lot of money in Artificial Intelligence (AI). Investors are concerned about the high cost this means for the company, even though Meta has had good profits in the first quarter of the year. Simply put, investors are prioritizing short-term spending over the potential future gains that AI would bring.

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