Meta Platforms (NasdaqGS:META) is under pressure as record AI infrastructure spending contributes to negative free cash flow, the first since 2012. S&P has shifted Meta's credit outlook to negative, highlighting concerns about long term capital commitments tied to AI projects. The company is assembling a bipartisan lobbying team in Washington to influence emerging AI policy ahead of upcoming U.S. elections. Meta's record AI spend, negative free cash flow and new lobbying push should not be...
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