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Meta Raises 2025 AI Spending to Up to $72 Billion, Surpassing Previous Forecasts

The tech giant boosts capex outlook to expand data centers and infrastructure, following strong Q1 earnings and the launch of its first AI app.

Meta CEO Mark Zuckerberg.
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Overview

  • Meta updated its 2025 capital expenditure guidance to $64 billion–$72 billion, up from $60 billion–$65 billion forecasted in January.
  • The increased spending will fund additional data center investments and higher infrastructure hardware costs to support AI initiatives.
  • CEO Mark Zuckerberg described the opportunities in AI as 'staggering' and hinted at more developments in the pipeline.
  • Meta's Q1 earnings exceeded Wall Street expectations, with its stock rising over 5% in after-hours trading following the announcement.
  • The company also launched its first standalone Meta AI app, offering users a dedicated platform to interact with its AI technology.