If Mark Zuckerberg has a limit to how much he’s willing to spend on infrastructure to win the AI race, the CEO of Meta is doing a great job of hiding it.
On Wednesday, the social networking company boosted its capital expenditure plans by billions of dollars for at least the third consecutive quarter, even as rival Microsoft has eased up slightly on data center plans amid economic uncertainty and concerns that the industry’s feverish spending could result in overcapacity.
