03:23 PM EDT, 09/05/2025 (MT Newswires) -- Meta Platforms ( META ) intends to invest a minimum of $600 billion in US data centers and infrastructure by 2028, chief executive officer Mark Zuckerberg said Thursday, during a dinner with President Donald Trump and other technology leaders.

The Information reported that the company had earlier forecast 2025 capital spending of $66 billion to $72 billion, representing a rise of at least 68% from 2024, and anticipated comparable growth continuing into 2026.

The massive investment highlights Meta's determination to expand its computing power for artificial intelligence, the report said.

Meta is also securing $29 billion to fund its Hyperion data center in Louisiana and has additionally entered into a 6-year, $10 billion cloud services deal with Google Cloud, it added.

Meta Platforms ( META ) did not immediately respond to MT Newswires' request for comment.

Shares were up 0.6% in recent Friday trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources, but may include rumor and speculation. Accuracy is not guaranteed.)

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