Speculation — and anxiety — growing that Mark Zuckerberg’s Meta will issue new stock to pay for lavish AI spending

Source: New York Post

Speculation is growing that Meta will issue new stock to finance a massive buildout of AI infrastructure – even as Wall Street grows increasingly skittish over whether the big bets will pay off, On The Money has learned. Shares for the holding company for Facebook, YouTube and Instagram have been whipsawed as investors scrambled to digest Mark Zuckerberg’s lavish AI spending. One reason for optimism has been the introduction of Meta’s new AI personal assistant platform, Muse, spearheaded by wunderkind acqui-hire Alexandr Wang.