Meta Platforms announced a capital expenditure plan of $115 billion to $135 billion for 2026. The company intends to purchase millions of Nvidia Blackwell and Rubin GPUs to expand its AI infrastructure. These next-generation chips will support Meta’s data center operations for AI training and inference.
Investor Michael Burry accused Meta of using aggressive accounting to mask the true cost of this hardware. Burry alleges that tech firms are extending depreciation timelines to artificially inflate corporate profits.
Separately, the COMESA Competition and Consumer Commission in Africa launched an antitrust investigation into the company. Regulators allege Meta restricts third-party AI providers from accessing the WhatsApp Business API. The probe claims Meta is abusing its market position to favor its own integrated AI services.