Meta's $115.5 billion AI bill sparks stock plunge

Meta’s announcement of plans to invest over $1 trillion in AI infrastructure has led to a 7% drop in its stock price. The move has added to investor anxiety and increased credit risk, contributing to a decline in the tech sector as a whole. The massive investment in AI is a significant burden for Meta, a big tech company, and has sparked concerns about the company’s financial health and its ability to manage the costs associated with its AI ambitions.