Meta to "accelerate infrastructure investments" for AI, raises capex to $35bn-$40bn
Mark Zuckerberg said Meta "should invest significantly more over the coming years" in AI
News - Susan Li
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Meta capex hits $6.4bn on data center, servers, and network spend; costs expected to grow
As delayed facilities start to ramp up
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Meta spends $7.1bn on data centers, servers, and office capex in Q1, still assessing "data center restructuring initiative"
Expects to spend big on generative AI
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Meta to cut data center spend by $4bn, says new AI facilities will be cheaper & faster to build
But they may just be cheaper because they will build fewer of them to start