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Meta shares fall 7% on Thursday amid AI investment concerns and fine issues

CNBC ·

  1. 1Meta shares recorded a 7% decline on Thursday.
  2. 2A New Mexico judge ordered Meta to pay a $25 billion fine.
  3. 3CFO Susan Li said content understanding models are superior to existing models and reduce content processing costs by over 80%.

So what's the key point?

Meta's stock price fell by 7% due to concerns over AI investment and fine issues. The requirement to pay a $25 billion fine is bad news for investors.

Source CNBC · View original ↗

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