Facebook-owner to nearly double AI spending this year

Meta boss Mark Zuckerberg plans to ramp up spending on artificial intelligence (AI) projects this year, even as other executives warn of a potential bubble in the industry. During a call with financial analysts on Wednesday to discuss the Facebook-owner's 2025 financial results, the company said it expects to spend up to $135bn (£97bn) this year, mostly on infrastructure related to AI. That is nearly twice the $72bn Meta spent last year on AI projects and infrastructure. In the last three years, the technology giant has spent roughly $140bn in an attempt to get ahead of the AI boom. Zuckerberg said on Wednesday that he is expecting 2026 to be the year that AI dramatically changes the way we work.