Meta Platforms Inc. expects capital expenditures of $135 billion to $145 billion in 2026, narrowing its previous bottom range from $130 billion to fund data center and AI infrastructure buildouts.

From the articleMeta to create a new class of shares to fund AI pushAlso in Meta's Muse AI agent achieves strong growth, company introduces new shares to power investments | Reuters, Meta Boosts Bet on AI With Spending Outlook, New Stock Class, Meta reportedly plans non-voting stock to fund its AI buildout, Zuckerberg commits to staying in California for 8 years as part of creation of new class of Meta shares: Live updates