Meta wants to spend more even after it lost $80 billion on the Metaverse and over 20 million users
- Posted on May 1, 2026
- By Fortune
- 0 Views
- 1 min read
Meta wants to spend more even after it lost $80 billion on the Metaverse and over 20 million users
Meta increased its capital spending by $10 billion because it “continued to underestimate,” its compute needs, said its CFO.
