I=8
Meta CFO clarifies Zuckerberg’s $600b comment as total U.S. investment envelope through 2028
CFO Susan Li said at the Goldman Sachs 2025 Communacopia and Technology Conference that the $600 billion that Zuckerberg gave reflects their total envelope of their US. investment through 2028 (around min 29:00).
”So just to clarify, Mark’s comments are referring to sort of the total envelope of our planned U.S. investment from this year, so including 2025 through 2028,” she said. “So that includes obviously all the data center infrastructure that we are building in the states, but it also just includes, like all the investments that go towards supporting our U.S. Business operations, all the people we hire in the U.S.”
She said the TBD Labs inside Meta’s Superintelligence team is working on the next frontier models that will arrive in the next one or two years (min 23:37)
“We’re very excited about what we call TBD Labs. It’s a placeholder name that’s sort of stuck and feels actually very appropriate, in the sense that I think a lot of what the team is going to build is yet to be precisely shaped or determined. It’s a pretty small, few dozen people, very talent-dense set of folks. They are kind of working on the next generation of foundation models, and we hope that those will be at the frontier over the course of the next year or two.”
Goldman Sachs 2025 Communacopia and Technology Conference Webcast
Goldman Sachs 2025 Communacopia and Technology Conference Transcript