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Meta pours cash into servers and AI as ad revenue falls
Thursday July 28, 2022. 03:00 PM , from TheRegister
Plus: Apple's iOS privacy changes 'weren't a factor' in Q2
Facebook's parent company Meta has spent $7.7 billion on capital expenditure in the last quarter, driven by investments in datacenter infrastructure and AI, as it recorded its first ever revenue decline thanks to falling advertising income.…
https://go.theregister.com/feed/www.theregister.com/2022/07/28/meta_pours_cash_into_servers/
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