Meta plans to spend $145 billion this year, more than every military budget except the U.S., China and Russia

The AI boom is less a marathon of innovation and more a spending sprint as companies pour billions to maintain their spot in the AI race. Now, Meta is spending on a scale that puts the company above most countries’ military budgets.

Meta plans to spend $145 billion this year, more than every military budget except the U.S., China and Russia

TL;DR

  • Meta plans to spend up to $145 billion in capital expenditure in 2026, a substantial increase from previous years.
  • The majority of this expenditure is allocated towards funding Meta's core business and significant investments in AI infrastructure.
  • CEO Mark Zuckerberg stated that AI is a significant portion of the planned spend, aimed at developing a 'superintelligence' and new product lines.
  • Meta's 2026 capital expenditure forecast of $145 billion exceeds the military budgets of all countries except the U.S., China, and Russia.
  • Other AI giants like Alphabet, Amazon, and Microsoft are also projected to spend heavily on AI infrastructure, with a combined estimate of $730 billion in 2026.
  • Meta's total expenses in 2026 are projected to reach up to $169 billion, accounting for AI talent recruitment and infrastructure spending.

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