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Meta raises AI spending forecast to $145 billion, plans new share issue; Q3 revenue beats estimates

viaeconomictimes.indiatimes.com21 Oct
Meta raises AI spending forecast to $145 billion, plans new share issue; Q3 revenue beats estimates
Meta raised its 2026 capital expenditure forecast to $135 billion-$145 billion to accelerate AI expansion and announced plans for non-voting shares, while reporting stronger revenue amid mounting legal challenges and intensifying competition.

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