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Meta
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Meta caught between AI praise and AI-layoff backlash on the same day
Two opposing stories hit Meta Platforms (META) on Saturday. Top Wall Street analysts turned more bullish, arguing its push into frontier AI models and paid AI agents opens a growth path beyond advertising. The same day, California's legislature sent Governor Newsom a bill to curb "robo bosses" from firing workers, as Meta fights a lawsuit claiming its AI unfairly picked employees for layoffs. Meta says people, not AI, made those calls.