Meta chief Zuckerberg doubles down on AI spending [Yahoo! Finance]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance
Kevin Dietsch/GETTY IMAGES NORTH AMERICA/Getty Images via AFP Meta chief Mark Zuckerberg on Wednesday defended massive spending on artificial intelligence that dragged down shares despite strong earnings boosted by the technology. The social networking colossus raised its capital expenditures for this year to a range of $125 billion to $145 billion without laying out exactly how that investment would translate into profit. "The way to think about the investment is that we're making a bet (on) the individual things that people care about, and that people are going to be more important in the future," Meta chief Mark Zuckerberg said during an earnings call, as analysts pressed him about the company's heavy spending on AI. He gave the example of a hot trend in "agentic" AI in which digital assistants handle computer tasks independently at the behest of people. "There are a lot of agents out there that people are building for different things, and there aren't that many that I
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META
News
- Polen Global Growth Q1 2026 Commentary [Seeking Alpha]Seeking Alpha
- Microsoft, Meta, and Google just announced billions more in AI spending. Only Google convinced investors it's paying off [Fortune]Fortune
- Meta's AI investments are costing way more than VR, and investors aren't happy about it [Yahoo! Finance]Yahoo! Finance
- Meta is still burning money on AR/VR [Yahoo! Finance]Yahoo! Finance
- Highlights from Meta's earnings call [Yahoo! Finance]Yahoo! Finance
META
Earnings
- 4/29/26 - Beat
META
Sec Filings
- 4/29/26 - Form 4
- 4/29/26 - Form 8-K
- 4/28/26 - Form PX14A6G
- META's page on the SEC website