Meta to Nearly Double AI Spending

Meta chief executive Mark Zuckerberg has signalled an aggressive expansion of the company’s AI ambitions.
The Facebook-owner is planning to nearly double its annual spending on AI infrastructure and projects, even as warnings mount about a potential bubble in the fast-growing sector.
The move underlines Meta’s belief that AI will reshape not only its products but also the wider economy, workplace structures, and competitive dynamics across the technology industry.
Ramping up investme