Updated
Updated · TechRadar · Jun 11
Meta Commits Over $100 Billion to AI as 2026 Capex Forecast Rises to $125-$145 Billion
Updated
Updated · TechRadar · Jun 11

Meta Commits Over $100 Billion to AI as 2026 Capex Forecast Rises to $125-$145 Billion

3 articles · Updated · TechRadar · Jun 11

Summary

  • Meta plans to spend more than $100 billion on AI infrastructure, lifting its 2026 capital expenditure forecast to $125 billion-$145 billion.
  • The shift follows the collapse of its metaverse push, after tens of billions of dollars were poured into the division from 2020 and funding was cut by as much as 30% in 2026.
  • Horizon Worlds support is now described as hanging by a thread, underscoring how far Meta has moved from Mark Zuckerberg's pandemic-era vision of the metaverse as the internet's next chapter.
  • Executives now tie any future for the metaverse to how the next phase of Meta's AI buildout develops, making AI the company's central strategic bet.

Insights

While Meta's virtual world failed, the VR market thrives. Is its AI pivot abandoning a future it could still dominate?
Meta's metaverse dream is dead. Is its massive AI gamble a brilliant pivot or another epic failure in the making?