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Meta up nearly 3% in premarket as it plans mass layoff to offset increased AI spending

Meta is planning capital expenditure of up to $135 billion in AI-related costs in 2026, which raised investors' fears around unsustainable spending.

1 report1 sourceMar 16, 2026, 10:49 AM
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CNBCMar 16, 2026, 10:49 AM

Meta up nearly 3% in premarket as it plans mass layoff to offset increased AI spending

Meta is planning capital expenditure of up to $135 billion in AI-related costs in 2026, which raised investors' fears around unsustainable spending.

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