Meta’s 2026 Plan to Spend Even More on AI Shakes Investors (2)

Mark Zuckerberg warned that Meta Platforms Inc. will need to spend even more aggressively on artificial intelligence in the year ahead, reigniting concerns from investors who sent its shares plunging on concerns that the massive investments won’t pay off.

In justifying the spending, the company’s chief executive officer described an unsatiated appetite for more computing resources that Meta must work to fulfill to ensure it’s a leader in a fast-moving AI race. “We want to make sure we’re not underinvesting,” he said on a call with analysts Wednesday after posting third-quarter results. Meta signaled in the earnings report that capital ...