They cut 8,000 people, said that was it. Then cut more. Now they're burning through $145 billion on AI data centers while free cash flow disappears. Revenue keeps growing, but everything is going into the AI machine. Zuckerberg says AI agents will book your travel and negotiate your bills. Cool. But what happens to the actual business while we wait for that to pay off? Or is there no plan, just spending and praying it will all somehow work out?
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