During Meta's third-quarter earnings call last week, CEO Mark Zuckerberg spent quite a bit of time detailing the company's AI ...

Meta founder Mark Zuckerberg overtook Amazon’s Jeff Bezos to become the world’s third-wealthiest person Thursday, as Meta’s stock surged in the wake of yet another earnings beat for the firm.

Mark Zuckerberg lost about $29.2 billion as Meta's AI spending spooked investors, knocking him two spots down on Bloomberg's Billionaires Index.

Investors recoiled from Meta’s plan to issue $30 billion in new debt to fund artificial intelligence spending.