Meta is investing heavily in physical and technological infrastructure to support its AI ambitions. The company announced in its second quarter financial report released on Wednesday that it plans to more than double its spending on AI infrastructure such as data centers and servers.

Meta stated, “We expect capital expenditures (including financing lease principal payments) to reach the range of $66-72 billion by 2025… an increase of approximately $30 billion year-on-year compared to the median year.” This aggressive capital expansion plan will continue until 2026. The company stated that as it continues to actively seek to increase computing power to meet the needs of artificial intelligence business, AI infrastructure spending will see a similar increase next year.

Meta’s Chief Financial Officer Susan Li stated during the earnings conference call, “We believe that building a leading AI infrastructure will be a core advantage in developing the best AI models and products, and therefore will continue to significantly increase investment in 2026.” She also revealed that although the company mainly relies on its own funds, it is exploring a model of cooperating with financial institutions to jointly build data centers. “We have not yet reached a final agreement, but we believe that this model can attract external funding to support large-scale data center projects while retaining the flexibility to adjust infrastructure needs in the future.”

Meta has announced two giant AI computing clusters: Prometheus, located in Ohio, is expected to become the first supercomputing center with a computing power of 1 gigawatt when it is put into operation in 2026; The “Hyperion” cluster in Louisiana has been described by CEO Mark Zuckerberg as “comparable in scale to Manhattan” and could expand to 5 gigawatts in the coming years. In addition, the company has multiple unnamed clusters of the same scale under construction.

These data center projects will consume enough energy to power millions of households. The project in Newton County, Georgia has resulted in some residents experiencing a water outage at home.

The financial report also disclosed that employee compensation will become the second largest growth driver for the company. Meta is investing hundreds of millions or even billions of dollars to poach AI engineers and researchers from competitors to enrich the newly established “Super Intelligence Laboratory” business unit. Before the financial report was released, Zuckerberg outlined his vision of “personal super intelligence”, emphasizing the use of smart glasses and VR headsets to help users optimize their life experience.

Despite a loss of $4.5 billion in Reality Labs’ business, Meta’s stock price surged 10% after trading due to revenue growth driven by AI driven advertising tools such as intelligent translation and video generation. The company’s revenue for the second quarter reached $47.5 billion, with an expected range of $47.5-50.5 billion for the third quarter.