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Business

Meta lifts capital expenditure forecast, doubling down on AI push

April 29, 2026
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Meta Platforms is significantly increasing its capital expenditure forecast to between 125 billion and 145 billion by 2026, doubling down on AI infrastructure investments despite planned layoffs. The Facebook-parent's user base continues to grow, with daily active people reaching 3.56 billion.

Economic Times
Economic Times

Coverage and analysis from India. All insights are generated by our AI narrative analysis engine.

India
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