Meta claims it will spend $600 billion on digital infrastructure in the US over the next three years.

Facebook’s parent company revealed the lavish spending pledge in a blog posted on Friday.

Data centers are “crucial” to helping the company reach its goal of “building superintelligence for everyone” and “helping America maintain its technological edge,” the post said.

“That’s why we’re investing in building industry-leading AI data centers right here in the US. We’re committing over $600 billion in the US by 2028 to support AI technology, infrastructure, and workforce expansion.”

Quite how Meta intends to fund this is unclear. The company posted annual revenue of $62.3 billion in 2024, and $600 billion figure is more than double the amount the firm has made during its 15 years as a public company.

It is also more than OpenAI has said it intends to spend building out its Stargate network of data centers in the US and around the world.

Meta's capex spend for 2025 is expected to be $72 billion, while CFO Susan Li told investors last month that this figure was likely to rise “significantly” in 2026, with the company set to “invest aggressively” in data centers.

Nonetheless, upping this to $200 billion will likely require some hefty external backing. Meta last month formed a joint venture with Blue Owl Capital to finance its $27 billion data center in Louisiana, dubbed Hyperion. Under this arrangement, Blue Owl will own 80 percent of the data center, with Meta committed to the site as a tenant for at least 16 years. It may need to undertake similar arrangements elsewhere.

Meta has around 30 data center campuses in operation or development globally. CEO Mark Zuckerburg said back in July the company was building “several multi-gigawatt clusters,” including at its existing campus in New Albany, Ohio.