Zuckerberg says payoff for Meta's AI push could be a few years away

Meta Platforms has been increasingly pursuing artificial intelligence and, according to CEO Mark Zuckerberg, generating significant revenue from it will take a while. Speaking on the first-quarter earnings call Wednesday evening, Zuckerberg said the corporate parent of Facebook, Instagram, Whatsapp and Threads would invest "significantly more" to support and help grow its AI development efforts. "As we’re scaling CapEx and energy expenses for AI, we’ll continue focusing on operating the rest of our company efficiently, but realistically, even with shifting many of our existing resources to focus on AI, we’ll...