Meta Expects Up To $145 Billion In Capex As AI Investments Expand
Meta's latest financial results show aggressive AI spending as the company scales infrastructure for model training and development. AI investments are already driving revenue growth through improved engagement, better ad recommendations, and efficient monetization. The company reported Q3 2026 revenue of $64.60 billion, up 26% year-over-year, with advertising revenue rising to $63.06 billion. Meta plans total expenses of $175-179 billion for 2026.
Key points
- Meta projects $135-145 billion capex for 2026 focused on AI infrastructure
- AI investments already generating incremental advertising revenue
- Q3 2026 revenue reached $64.60 billion, up 26% year-over-year
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