Mark Zuckerberg confirmed that Meta committed between $100 billion and $200 billion to AI infrastructure at the end of 2025, before having any successful models to show for it. Chief financial officer Susan Li had raised concerns about the risks of this bet. Capital expenditure for 2026 is projected at $130-145 billion, compared with $72 billion in 2025. Meta is building large-scale data centers and has secured nuclear power contracts totaling 6.5 gigawatts through 2035.
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