Meta Faces Negative Free Cash Flow as AI Spending Accelerates; Critical PHP Flaw Discovered

Meta reported $64.6 billion in third-quarter revenue, up 26 percent year-over-year, but the company's aggressive AI capital spending tipped its free cash flow into negative territory at negative $2.12 billion. The shortfall signals the mounting cost of Meta's push to dominate artificial intelligence infrastructure, even as revenue growth remains robust.