Meta Platforms Inc. reported better-than-expected fourth-quarter earnings, with revenue growing 24% year-over-year, primarily driven by online advertising. The company announced that its capital expenditures related to artificial intelligence (AI) for 2025 will range between $115 billion and $135 billion, nearly double the amount spent in the previous year.
CEO Mark Zuckerberg outlined plans to increase investment in AI infrastructure in 2026, aiming to develop advanced models and deliver AI capabilities to a broad user base. During the earnings call, Zuckerberg emphasized the company’s commitment to building AI technology that supports both current and future projects.
Meta’s Chief Financial Officer, Susan Li, noted that the company remains “capacity constrained,” requiring additional computing resources to enhance its advertising business and support AI development. She highlighted that demand for computing power has outpaced supply despite efforts to expand infrastructure throughout 2025.
Zuckerberg described 2026 as a pivotal year for AI at Meta, with multiple new products expected to be introduced. Although specific revenue-generating AI products were not detailed, Zuckerberg indicated ongoing development across various initiatives.
A notable development last year was Meta’s acquisition of Scale AI, including its founder and CEO Alexandr Wang, who now leads Meta’s TBD AI unit. This team is working on a new frontier AI model, intended to succeed the company’s existing foundation models. Zuckerberg expressed confidence in the progress and future advancements of these models.
When asked about the necessity of developing Meta’s own AI foundation model, Zuckerberg stated that as a “deep technology company,” Meta needs to maintain control over its AI capabilities to avoid reliance on external ecosystems and to influence the direction of AI products.
Despite the focus on AI, online advertising continues to represent the majority of Meta’s revenue. The strong performance of this segment provides the company with financial flexibility to pursue its AI initiatives.
Separately, Meta is involved in a trial with Google concerning child safety issues.
