Meta May Be Winning the AI Race Nobody Is Talking About

Meta is ramping AI spending more than any other major tech peer, but investors are reportedly fleeing while margins are collapsing. The article suggests Wall Street lacks a clear monetization/“price” path for the AI buildout, even as a clearer trajectory may be beginning to form. Overall, the combination of heavier AI cash burn and weaker profitability is a near-term headwind for the stock narrative.