Meta is betting big on AI, pledging $125–145 billion this year to build infrastructure — even as profits dip and cash flow turns negative. With soaring R&D costs, rising debt, and no stock buybacks in 2026’s first half, the company is prioritizing future growth over short-term gains. CEO Mark Zuckerberg’s plan? Monetize excess computing power while using AI to boost ads, apps, and development speed. Meanwhile, core business remains strong: revenue up 28%, ad impressions and pricing climbing, powered by 3.6 billion daily users. Investors are watching closely to see if this bold AI gamble delivers the returns needed to justify the massive investment.

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