When Meta announced capital expenditure projections last year, the company made it known that it planned to spend big to build out capacity for its AI business. “We expect that developing leading AI infrastructure will be a core advantage in developing the best AI models and product experiences,” said Susan Li, Meta CFO, during an...

After reports of budget cuts, the Reality Labs team is now facing job cuts, too. After reports of budget cuts, the Reality Labs team is now facing job cuts, too. Jan 12, 2026, 10:14 PM UTC Photo by David Pierce / The Verge Meta’s Reality Labs team is expected to lose around 10 percent of...

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