Meta Forecasts $1.4T in AI Revenue by 2035

Meta is significantly increasing its investments in artificial intelligence, projecting capital expenditures of $64 billion to $72 billion in 2025 to expand its data centers and AI infrastructure. The company expects its generative AI products to generate between $2 billion and $3 billion in revenue in 2025, with ambitious forecasts of up to $1.4 trillion by 2035. These investments are driven by Meta's goal to surpass competitors like OpenAI, Google, and xAI, and are supported by strong advertising revenue and growing daily user engagement across its platforms. Meta's net income rose 35% to $16.6 billion in the first quarter, with revenue increasing 16% year-over-year, reflecting robust business performance. The company has slightly lowered its total expense outlook for 2025 but raised its capital expenditure forecast to support AI-related infrastructure. CEO Mark Zuckerberg emphasized the 'staggering' opportunities in AI and indicated more AI-driven products are forthcoming.