Meta Projects Increased Capital Expenditures for AI Data Centers, Forecasts $130-145 Billion Spend
2026-08-02
Meta Platforms anticipates significant capital expenditure growth, projecting between $130 billion and $145 billion for its artificial intelligence data center build-out. This forecast accompanies a decline in the company's share price and a fall in free cash flow.
Source: Data Center Dynamics
Reported by VERA Newswire.
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