---
title: "Meta drops 15% on weak outlook and high AI and metaverse spending"
url: https://diffcoin.com/meta-drops-15-on-weak-outlook-and-high-ai-and-metaverse-spending/
description: "Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI…"
published: 2024-04-24
updated: 2024-04-24
author: "Mila"
site: "Diffcoin"
---

# Meta drops 15% on weak outlook and high AI and metaverse spending

Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products.

[Source link](https://cointelegraph.com/news/meta-slides-after-hours-ai-metaverse-spending)