Last week, Zuckerberg announced that Meta plans capital expenditure of as much as $65 billion in 2025 to expand its AI infrastructure, while also increasing hiring for AI roles.
On Wednesday, Meta said it expected total expenses for 2025 to be in the range of $114 billion to $119 billion, up from a total of $95 billion in 2024.
“Meta’s gangbusters Q4 results clearly demonstrate that ad revenues remain the company’s lifeblood. That said, the biggest question heading into 2025 isn’t about today’s earnings—it’s about whether Mark Zuckerberg’s $60–65 billion AI infrastructure bet will pay off,” said Jeremy Goldman, principal analyst at eMarketer.