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Meta ups 2026 spending to build AI future
Meta boosts spending to expand AI infrastructure and data centres, lifting shares.
Meta announced a sharp rise in its 2026 capital expenditure plan, targeting between $115 billion and $135 billion to accelerate AI and infrastructure development. The company’s shares jumped on the news as it forecasts higher revenue and expanded data centre projects across the United States. Investment in AI talent and cloud capacity underpins the strategy amid intense competition in artificial intelligence.