Meta lost $4 billion on Realit

Pinkspider

05-02 14:54

Meta lost $4 billion on Reality Labs last quarter.

Nobody noticed.

Total metaverse losses since 2021?

$83.5 billion.

Everyone mocked Zuck for it. Fair.

Now look at the AI number.

Meta is spending $125-$145 billion on AI.

Just this year.

More than they lost on the metaverse in five.

The CFO said it on the call:

'We have continued to underestimate our compute needs.'

The stock dropped 5%.

Net income was up 61%.

Read that again.

Up 61%. Stock down 5%.

That's the market saying $145 billion isn't enough.

The CFO just admitted it's the floor.

Not the ceiling.

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