Meta Platforms Looks Set to Abandon a $174 Billion Investment to Fuel Its AI Ambitions

Meta is halting its $174 billion share buyback program to redirect capital toward massive AI infrastructure investments. While the company benefits from AI integration in advertising and plans to sell excess data center capacity, the shift removes a key earnings-per-share catalyst and exposes Meta to potential AI bubble risks similar to the metaverse downturn in 2022.