Meta Projects Sharply Higher Spending to Build Artificial Intelligence Infrastructure

Meta announced a substantial spending increase to fund artificial intelligence infrastructure. The company also confirmed layoffs at its Reality Labs unit.

洞察:
Meta Platforms, Inc. forecast annual capital expenditure of between $115 billion and $135 billion, compared with $72.22 billion a year earlier. Shares of the company fell about 2% in extended trading following the announcement. This surge in spending reflects a significant commitment to building infrastructure for the artificial intelligence race currently unfolding across Silicon Valley.
FILE PHOTO: The logo of Meta is seen at Porte de Versailles exhibition center in Paris, France, June 11, 2025. REUTERS/Gonzalo Fuentes/File Photo
FILE PHOTO: The logo of Meta is seen at Porte de Versailles exhibition center in Paris, France, June 11, 2025. REUTERS/Gonzalo Fuentes/File Photo
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