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Meta's $18 billion settlement could clear the way for a wave of new AI products, analysts say

Meta will book a $10 billion legal charge in Q3 as analysts flag the timing against up to $145 billion in capital expenditure this year

Photo by Laurent Hou/Hans Lucas /AFP via Getty Images

Meta $META agreed to an $18 billion settlement with 29 U.S. states over allegations that its platforms harmed younger users, adding fresh cost pressure as the company prepares to spend up to $145 billion on capital expenditure this year amid an AI buildout race.

The company said it will book a $10 billion legal charge in its third quarter following the trial outcome, with the settlement to be paid out over ten years. Meta said its previously issued July guidance has not been........

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