TECH NEWS
Meta spent a year being punished for its AI spending. Then it told investors how it would get the money back.
TL;DR Meta’s stock rose about 6% on Friday and roughly 15% on the week, its best week since early 2024, after the company gave investors a concrete plan to monetise its AI infrastructure via Meta Compute. Wolfe Research estimates each gigawatt monetised at a ~$25bn rate could lift