Meta Platforms Inc. CEO Mark Zuckerberg said he would rather risk building computing capacity before it is needed, than too late, due to the long lead times associated with new infrastructure projects.
Zuckerberg told analysts on the company’s second-quarter earnings call that he plans to keep up spending on capacity. Earlier, Meta said it would increase the range of its capital spending plans to $37 billion to $40 billion, up from $35 billion to $40 billion previously.
“We are planning for the compute clusters and data we’ll need for the next several years,” he said. “The amount of compute needed to train Llama 4 will likely be almost 10 times more than what we used to train Llama 3 and future models will continue to grow beyond that,” he said, referring to the large language models Meta uses for artificial intelligence.