According to Tech Crunch, after reporting its revenue results for the second quarter of 2025, Meta - Facebook's parent company - emphasized that it plans to double spending on building AI infrastructure, such as data centers and servers.
We currently expect capital expenditure in 2025, including principal payments for financial lease contracts, to be in the range of $66-72 billion... up about $30 billion over the same period last year, Meta said.
Facebook's parent company continues to spend heavily on the company's artificial intelligence in 2026, as rival technology giants do the same.
Susan Li - CFO of Meta - emphasized: "We expect that developing top-notch AI infrastructure will be a core advantage in developing the best AI models and product experiences. Therefore, we expect to significantly increase investment in 2026 to support that work".
Li also noted that while Meta plans to fund most of the AI costs on its own, the company is looking to partner with financial partners to jointly develop data centers.
Susan Li said: We have not had any completed transactions to announce. But overall, we believe that there will be significant external funding models to support large-scale data center projects developed with our ability to build world-class infrastructure. At the same time, it gives us flexibility if our infrastructure requirements change over time.
Meta has announced two large data center clusters. First is Prometheus in Ohio, expected to be one of the first AI-centric super clusters to reach a calculation capacity of 1 gigawatt when it comes into operation in 2026.
Next is Hyperion, a cluster in Louisiana that Meta CEO Mark Zuckerberg once boasted would have an area of Manhattan and could expand to 5 gigawatt in the next few years.
Meta also has a number of other unnamed giant data centers in the pipeline.
In addition to Meta, other major technology companies are also taking big spending on AI and hiring high-end talent in this field. Alphabet (goal's parent company) said it will increase spending in 2025 to $85 billion, higher than the forecast of 10:00 billion USD. Microsoft also invested $30 billion in the first quarter of the new fiscal year, well above the expected $24.23 billion.