Meta CEO Mark Zuckerberg defends AI spending: Were seeing the returns
Summary
Meta says its AI spending is already producing returns in its core advertising business. Mark Zuckerberg defended the company’s higher capital expenditure plans and said Meta may need even more computing power than originally expected. The company is building data centers and signing cloud deals with Oracle, Google, and CoreWeave to support Superintelligence Labs. Zuckerberg also said any excess capacity could eventually be repurposed for internal systems or even offered to third parties. The article highlights how Meta’s AI infrastructure buildup fits into a broader wave of rising capex across major tech companies.
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