{"id":841102,"date":"2024-08-05T09:42:10","date_gmt":"2024-08-05T04:12:10","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=841102"},"modified":"2024-08-05T09:42:10","modified_gmt":"2024-08-05T04:12:10","slug":"tech-bosses-preach-patience-as-they-spend-and-spend-on-ai","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/05\/tech-bosses-preach-patience-as-they-spend-and-spend-on-ai\/","title":{"rendered":"Tech bosses preach patience as they spend and spend on AI"},"content":{"rendered":"<p>Mark Zuckerberg, Meta&#8217;s CEO, started 2023 by declaring it the &#8220;year of efficiency.&#8221; Like several of its big tech peers, Meta cut jobs and mothballed expansion plans.<\/p>\n<p>Then came AI.<\/p>\n<p>Zuckerberg started this year saying his company would spend more than $30 billion on new tech infrastructure in 2024. In April, he raised that to $35 billion. On Wednesday, he increased it to at least $37 billion. And he said Meta would spend even more next year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mark Zuckerberg, Meta&#8217;s CEO, started 2023 by declaring it the &#8220;year of efficiency.&#8221; Like several of its big tech peers, Meta cut jobs and mothballed expansion plans. Then came AI. Zuckerberg started this year saying his company would spend more than $30 billion on new tech infrastructure in 2024. In April, he raised that to $35 billion. On Wednesday, he increased it to at least $37 billion. And he said Meta would spend even more next year.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-841102","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/841102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=841102"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/841102\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=841102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=841102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=841102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}