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Meta Platforms (META) CEO Mark Zuckerberg has been very clear about where the company is heading. In January, he unveiled "Meta Compute", a broad plan to build Meta’s future around large-scale AI infrastructure, purpose-built data centers, and dedicated power capacity.
The company put serious numbers behind that plan, guiding for $115 billion to $135 billion in capital expenditure in 2026, nearly double the $72.2 billion it spent in 2025, with most of that spending aimed at building data centers and buying AI chips. Meta’s data center footprint already stretches across U.S. markets, including El Paso, Texas, Kansas City, and Montgomery, with El Paso standing out as one of its biggest and fastest-growing projects. On March 26, Meta said it was increasing its investment in the El Paso site to more than $10 billion, with a goal of reaching one gigawatt of capacity by 2028.