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From The Economic Times

Center-Right Owned by Bennett, Coleman & Co.

Steep bill for AI buildout punishes Meta, other tech favorites

Steep bill for AI buildout punishes Meta, other tech favorites

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Investors sold shares of Meta Platforms and a wealth of companies central to the AI trade, a day after Meta -- one of the so-called hyperscalers spending billions to build data centers and other infrastructure supporting the AI boom -- said it would issue a new class of shares that will help it…

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