Tech Explained: Here’s a simplified explanation of the latest technology update around Tech Explained: Meta’s Bold AI Expansion: A Leap Towards Superintelligence in Simple Termsand what it means for users..
Meta, the parent company of Instagram, is significantly increasing its capital expenditures by 73% in a bid to advance ‘superintelligence’ and offer more personalized artificial intelligence to its vast social media user base.
On Wednesday, Meta’s shares rose nearly 9% in after-hours trading following the company’s prediction of surpassing Wall Street’s revenue expectations for the first quarter. For 2026, Meta forecasts capital expenditures between $115 billion and $135 billion, driven by infrastructure, AI data centers, and cloud payments, compared to its $72.22 billion expenditure last year.
CEO Mark Zuckerberg described the year as pivotal for achieving personal superintelligence and strengthening the company’s business infrastructure. Meta’s AI strategy includes layoffs at its Reality Labs group to reallocate resources towards AI advancements, highlighting its commitment to overcoming challenges faced by earlier AI models.