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Benzinga
Benzinga
Business
Rishabh Mishra

Meta Losing AI Spending War To Google, Microsoft, Warns 'Big Short' Investor Steve Eisman

Google Nasdaq Microsoft Alphabet Inc Meta Microsoft Corp Benzinga Edge Stock Rankings
Menlo,Park,,Usa,,May,5,,2023:,Meta,Corporation,Headquarters,Glass

Steve Eisman, the investor famed for predicting the 2008 collapse, has warned that Meta Platforms Inc. (NASDAQ:META) is losing a critical AI war against Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Microsoft Corp. (NASDAQ:MSFT), arguing the company simply “cannot bear the burden” of the industry’s massive spending race.

MSFT, GOOG To Win AI War Because Of Cloud Businesses

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