WSJ Tech News Briefing · Friday, July 17, 2026
Meta is planning to spend up to $145 billion on capital expenditures this year, with a significant portion dedicated to building out AI data centers. This investment is driven by the continuous surge in AI usage and Meta's expanding ambitions in computing resources.
“Meta expects to spend up to $145 billion on capital expenditures this year, much of it related to its buildout of AI data centers.”