Overview

• Meta has pledged at least $600 billion for U.S. data centers and infrastructure through 2028, a figure CFO Susan Li says covers facilities and broader U.S. operations, including hiring.
• Zuckerberg called an AI bubble “quite possible” but argued hesitation poses the greater threat to Meta’s position.
• The company is concentrating top researchers in a small, flat superintelligence lab with no top-down deadlines.
• Meta aims to make “compute per researcher” a key edge by outspending rivals on GPUs and custom infrastructure.
• After paying large signing bonuses, Meta slowed hiring as investors scrutinized labor costs and stock-based compensation.