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Meta will spend at least $600 billion through 2028 in USA to power AI, Zuckerberg said
Mark Zuckerberg said at the White House Dinner that they will spend at least $600 billion through 2028 in USA to power AI (min 1:28).
Zuckerberg: I think um you know, all of the companies here are building just making huge investments in in the country in order to build out data centers and and infrastructure to uh power the next wave of innovation…
Trump: How much are you spending uh would you say over the next few years?
Zuckerberg: Oh gosh. Um I mean I think it’s probably going to be something like I don’t know at least $600 billion through 28 in the US.
Apple also said it will invest $600 billion in USA over four years- the investment going to suppliers across all 50 states, direct employment, investments in R&D, silicon engineering, AI, data centers, and infrastructure projects like Apple TV+ productions.
Assessment
CapEx of $600 billion over four years would imply $150 billion per year, which is well above current expectations. Some analysts already anticipate Meta’s CapEx reaching $100 billion in 2026. There are no further details from Meta or analyst commentary yet.
My view (confidence level: 60) is that Zuckerberg may be using a definition similar to Apple’s, so that Meta’s U.S. investment doesn’t appear weak in Trump’s eyes.
Using Apple’s definition, R&D expenses (my estimate (valuation model): $60 billion) and CapEx expectations for 2026 would already be around $150 billion.