Meta Platforms is significantly increasing its capital expenditure forecast to between $125 billion and $145 billion by 2026, doubling down on AI infrastructure investments despite planned layoffs. The Facebook-parent's user base continues to grow, with daily active people reaching 3.56 billion.
Meta lifts capital expenditure forecast, doubling down on AI push
Meta Platforms is significantly increasing its capital expenditure forecast to between $125 billion and $145 billion by 2026, doubling down on AI infrastru…
