Meta Platforms (NASDAQ:META) has not performed well this year, partly due to the company’s massive artificial intelligence (AI)-related investments, which have put pressure on profits and margins.
However, the company’s CEO, Mark Zuckerberg, remains unapologetically bullish on AI
A few weeks ago, he outlined his vision for the future of AI in an article posted on the company’s website. One of Zuckerberg’s goals is to give everyone highly capable personalized AI agents that work around the clock to help them achieve their goals. This short summary doesn’t capture everything Zuckerberg said, and some may disagree with his overall view of the AI industry’s trajectory.
However, if he is right, several companies could be among the biggest winners of the ongoing AI revolution: Meta Platforms itself and Advanced Micro Devices (NASDAQ:AMD). Here’s why. Image