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Meta raised the high end of its AI cap-ex spending to $72 billion, up from $65 billion three months ago

Fortune LogoFortune21h ago

Meta raised the high end of its AI cap-ex spending to $72 billion, up from $65 billion three months ago - Fortune

Quick Summary:

Meta CEO Mark Zuckerberg seems prepared to spend massive sums of money building infrastructure to win the AI race.

The average analyst expectation called for Q2 revenue of $43.81 billion.

If Mark Zuckerberg has a limit to how much he's willing to spend on infrastructure to win the AI race, the CEO of Meta is doing a great job of hiding it.

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Meta raised the high end of its AI cap-ex spending to $72 billion, up from $65 billion three months ago - Fortune (Picture 1)

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Article Details

Author / Journalist: Alexei Oreskovic

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-30 @ 21:07:37 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 233 words

Reading Time: 2 minutes read

Sentences: 4 lines

Sentence Length: 59 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28303428

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About Fortune

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 23 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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The story "Meta raised the high end of its AI cap-ex spending to $72 billion, up from $65 billion three months ago" was covered 21 hours ago by Fortune, a news publisher based in United States.

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  • URL: https://quasi-deafly.beamstart.com/news/meta-raised-the-high-end-17460474101865

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