
Meta’s next earnings report has me thinking about one thing: how long before all this AI spending starts paying off? 👀 Revenue is expected to hit around $63B, while Q3 capex is estimated at $40.97B. That’s a huge amount of money going into infrastructure. I’m interested in how much of that investment is translating into real business growth, not just better AI models. The revenue numbers matter, but the guidance on future spending and returns could tell us much more. $META