{"id":10325,"date":"2024-08-10T19:15:30","date_gmt":"2024-08-10T19:15:30","guid":{"rendered":"https:\/\/www.thecannabist.co\/2024\/08\/10\/tech-bosses-preach-patience-as-they-spend-and-spend-on-ai\/136396\/"},"modified":"2024-08-10T19:15:30","modified_gmt":"2024-08-10T19:15:30","slug":"tech-bosses-preach-patience-as-they-spend-and-spend-on-ai","status":"publish","type":"post","link":"https:\/\/cannitrol.com\/blog\/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":"<div id=\"wp_fb_like_button\" style=\"margin:5px 0 5px 5px;float:right;height:100px;\"><script src=\"http:\/\/connect.facebook.net\/en_US\/all.js#xfbml=1\"><\/script><fb:like href=\"https:\/\/cannitrol.com\/blog\/tech-bosses-preach-patience-as-they-spend-and-spend-on-ai\/\" send=\"true\" layout=\"standard\" width=\"450\" show_faces=\"false\" font=\"arial\" action=\"like\" colorscheme=\"light\"><\/fb:like><\/div><div class=\"media_block\"><a href=\"https:\/\/www.thecannabist.co\/wp-content\/uploads\/2024\/08\/Facebook_Meta_FTC_59282-1-560x373.jpg\"><img src=\"https:\/\/cannitrol.com\/blog\/wp-content\/uploads\/2024\/08\/tech-bosses-preach-patience-as-they-spend-and-spend-on-ai.jpg\" class=\"media_thumbnail\"><\/a><\/div>\n<div><img src=\"https:\/\/cannitrol.com\/blog\/wp-content\/uploads\/2024\/08\/tech-bosses-preach-patience-as-they-spend-and-spend-on-ai-2.jpg\" class=\"ff-og-image-inserted\" \/><\/div>\n<div class=\"row\">\n<div class=\"large-10 large-centered small-12 columns\">\n<div class=\"yarpp yarpp-related yarpp-related-website yarpp-template-yarpp-template-inarticle-right\">\n<aside class=\"article-related right\">\n<h3>Related Articles<\/h3>\n<\/aside>\n<\/div>\n<p>SEATTLE \u2014 Mark Zuckerberg, Meta\u2019s CEO, started 2023 by declaring it the \u201cyear of efficiency.\u201d 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<p><a href=\"https:\/\/www.denverpost.com\/2024\/08\/10\/ai-capital-expenses-meta-apple-microsoft-investments\/\">Read the rest of this story on TheKnow.DenverPost.com.<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Related Articles SEATTLE \u2014 Mark Zuckerberg, Meta\u2019s CEO, started 2023 by declaring it the \u201cyear of efficiency.\u201d 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, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[938,8040,5062,2435,9,10709,1,3,2230,61,1736,916],"tags":[3509,8041,5063,2436,10710,4797,3487],"_links":{"self":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/10325"}],"collection":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/comments?post=10325"}],"version-history":[{"count":0,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/posts\/10325\/revisions"}],"wp:attachment":[{"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/media?parent=10325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/categories?post=10325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cannitrol.com\/blog\/wp-json\/wp\/v2\/tags?post=10325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}