Morning Overview

AI

Meta is budgeting $115 to $135 billion for AI in 2026 alone, a spend bigger than the annual revenue of most Fortune 100 companies

Meta Platforms plans to spend between $115 billion and $135 billion on capital expenditures in 2026, according to its annual report filed with the SEC. That range, disclosed in January 2026, has already been revised upward. By the first quarter of 2026, the company raised the figure to $125 billion to $145 billion, citing higher […]