Meta intends to spend at least $115 billion this year, about 60% more than the $72 billion it spent last year as it hurries to boost its data centers and artificial intelligence program, the company said on Wednesday, January 28.
Meta, which owns Facebook, said during its earnings call that its capital expenditure this year will range from $115 to $135 billion and will be driven by its goal to support its Meta Superintelligence Labs efforts and its core business. CEO Mark Zuckerberg said the company is “changing how we develop data center sites,” adding that Meta is establishing strategic partnerships, contracting cloud capacity, and creating new ownership structures for large data center sites.
The company didn’t share how many data centers it opened last year, but acknowledged that it has a capacity constraint. It says that the demand for AI has outpaced its supply. While Meta expects to have more capacity this year, it will still likely be constrained through much of 2026.
The topic of data centers is one we discuss at length here at RBN, particularly how these data-hungry sites will gain power. Check out Louisiana Saturday Night, where we discussed how Louisiana plans to ramp up its data centers, including the construction of the giant Richland Parish Data Center.