AINewsnow

Meta expects its 2026 capex to be $135B-$145B, vs. $130B-$145B previously, and forecasts Q4 revenue of $73B-$76B, vs. $73.6B est.; META jumps 3%+ after hours

Meta expects its 2026 capex to be $135B-$145B, vs. $130B-$145B previously, and forecasts Q4 revenue of $73B-$76B, vs. $73.6B est.; META jumps 3%+ after hours Meta Platforms Inc. boosted its capital spending outlook and announced plans to create a new class of nonvoting s…

Read the full story at Techmeme ↗

Timeline · 1 report

  1. 2026-10-21 21:05 · Techmeme
    Meta expects its 2026 capex to be $135B-$145B, vs. $130B-$145B previously, and forecasts Q4 revenue of $73B-$76B, vs. $73.6B est.; META jumps 3%+ after hours

More stories

  1. Mark Zuckerberg says Muse has drawn 10M+ users since its launch and 25%+ of users are making purchases through the app, with an average purchase size of $200+ (Business Insider) — Techmeme
  2. Meta says it will create a new class of nonvoting stock to raise the capital it needs for developing AI models, with an effective date in January 2027 — Techmeme
  3. Anthropic launches Claude Duet, its answer to Meta and OpenAI's personal agents — Business Insider AI
  4. Meta Boosts Bet on AI With Spending Outlook, New Stock Class — Bloomberg AI
  5. Qwen3.8-Flash-Next 125B Q2_0 on a 24GB M4 Mac mini: ~8.1 tok/s with Strata — r/LocalLLM
  6. Meta's Muse hits 10M US downloads in 40 days, a milestone reached by only 11 other apps — TechCrunch AI
  7. Meta Muse exposes users' personal and business secrets when they share conversations — Ars Technica AI
  8. Introducing TorchTPU — PyTorch Blog

Get the daily brief of stories like this at 6:30 every morning →