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Meta Platforms' Ambitious AI Plans: Is the Company Still the Best AI Stock to Buy?
ByAinvest
Friday, Jul 4, 2025 1:29 am ET1min read
Meta Platforms is the best-performing constituent of the "Magnificent 7" AI plays, with a nearly 23% YTD gain. The company has increased its 2025 capex guidance to $64-$72 billion, citing higher investments in data centers and AI. Meta has also acquired a 49% stake in Scale AI and hired AI talent from various companies, including former GitHub CEO Nat Friedman. The company's ambitious AI strategy and talent hiring spree make it the best AI play among the group.
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