Meta disclosed future spending commitments of $825 billion, primarily for AI computing power and infrastructure.

Regulatory filings by Meta Platforms Inc. reveal that the company has committed to a total expenditure of approximately $825 billion in the future, primarily for artificial intelligence computing power and infrastructure development. This includes $355.7 billion in operating and finance leases, covering data center and energy projects up to 2036. As of September 30, Meta also had $454.5 billion in irrevocable contracts involving third-party cloud computing power, data center energy agreements, and consumer hardware from its Reality Labs division. Furthermore, Meta has cloud computing power procurement obligations of up to $14.7 billion over the next five years.