Meta is spending up to $145 billion this year on AI. When asked about signs of ROI, Zuckerberg said ‘that’s a very technical question’

A man in a suit and tie (Credit: Photographer: Kyle Grillot/Bloomberg via Getty Images)

Meta Platforms is splashing some serious cash on AI infrastructure, and investors have flinched. 

The company reported first quarter 2026 earnings results on Wednesday and raised its full-year 2026 capital expenditure guidance to $125 billion to $145 billion, up from a previous range of $115 billion to $135 billion. Meta told investors the boost was the result of higher prices for components and “additional data center costs to support future-year capacity.”