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Industry·5d ago·all news from October 13, 2026

Zuckerberg Admits Meta Lacked AI Certainty on $200 Billion Bet

Mark Zuckerberg stated that Meta Platforms Inc. invested hundreds of billions of dollars into artificial intelligence infrastructure last year without knowing if the technology would yield successful products. This admission highlights the high-stakes gamble major tech companies are taking as they race to secure the computing power necessary to compete in the expanding AI market.

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