Meta is accelerating its artificial intelligence ambitions with one of the largest infrastructure buildouts in tech history, committing up to $600 billion over the next three years to data centers, compute power, and AI talent. The spending surge, highlighted in Meta’s latest quarterly earnings report, pushed operating expenses up by $7 billion year-over-year and capital expenditures by nearly $20 billion, marking the first visible impact of AI investment on the company’s bottom line.
CEO Mark Zuckerberg emphasized that the company’s heavy investment in AI research and compute capacity is only beginning, pointing to the development of advanced models within Meta’s Superintelligence Lab. However, the announcement triggered a sharp market reaction, with Meta’s stock sliding 12% and erasing over $200 billion in market value.
While rivals like Google, OpenAI, and Nvidia are also investing billions in AI infrastructure, Meta’s challenge lies in demonstrating tangible returns from its projects — ranging from the Meta AI assistant and Vibes video generator to the new Vanguard smart glasses. Analysts noted that despite early progress, Meta has yet to unveil a clear revenue-driving AI product, leaving investors eager for concrete results from its massive spending.
