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  3. Meta cuts to metaverse ‘black hole’ could free up billions for AI and lift shares by 20%: analysts
2 months ago 2 months ago

Meta cuts to metaverse ‘black hole’ could free up billions for AI and lift shares by 20%: analysts


Kyle Baird
by Kyle Baird 2 months ago2 months ago
Meta cuts to metaverse ‘black hole’ could free up billions for AI and lift shares by 20%: analysts


The lack of user traction, combined with years of mounting spend, has fueled concerns that the division, Mizuho analysts said.



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