Meta raises capital expenditure forecast, doubling down on AI investment
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Article Excerpt
Meta raises capital expenditure forecast, doubling down on AI investment
KATIE PAUL AND JASPREET SINGH
REUTERS
PUBLISHED APRIL 29, 2026
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Meta, which owns Instagram, WhatsApp and Threads, has been spending heavily on AI infrastructure and high compensation for employees.
BENOIT TESSIER/REUTERS
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Meta raised its 2026 capital spending forecast to US$125-bill…
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