Investors are increasingly anxious about the heavy capital expenditures (capex) required for artificial intelligence (AI) infrastructure, and rightfully so. It’s estimated that among tech giants, AI capex will reach $765 billion this year and grow to $1.6 trillion by 2031. Meta Platforms (META 0.41%) is trying to calm those nerves by launching Meta One, a tiered subscription program specifically geared toward creators and businesses that frequently use Meta AI. The move is a significant shift toward recurring revenue streams for the social media company.
Today’s Change
(-0.41%) $-2.60
Current Price
$632.69
Key Data Points
Market Cap
$1.6T
Day’s Range
$623.36 – $634.50
52wk Range
$520.26 – $796.25
Volume
1.1M
Avg Vol
15.7M
Gross Margin
81.94%
Dividend…
