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Meta Raises Its Spending Forecast on A.I. to Above $70 Billion

The Silicon Valley company projected more spending this year and said it would continue in 2026 as it hires A.I. researchers and builds data centers to power the technology.

In its quest to win Silicon Valley’s artificial intelligence race, Meta has shelled out tens of billions of dollars on data centers and A.I. researchers.
On Wednesday, Meta, which owns Instagram, Facebook and WhatsApp, indicated that the spending wou… [1548 chars]

Source: The New York Times | Published: 2025-10-29T20:41:37Z

Credit: The New York Times

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