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Meta's strong Q2 shows it has learned it must give investors short-term results to get permission for long-term investments, such as its AI ambitions (Ben Thompson/Stratechery) from Techmeme RSS feed.
Meta's strong Q2 shows it has learned it must give investors short-term results to get permission for long-term investments, such as its AI ambitions (Ben Thompson/Stratechery)
Ben Thompson / Stratechery:
Meta's strong Q2 shows it has learned it must give investors short-term results to get permission for long-term investments, such as its AI ambitions — Meta delivered blowout earnings the same quarter that Mark Zuckerberg doubled down on AI; I don't think it was a coincidence.