Meta is projected to spend as much as $145 billion on AI infrastructure this year, yet the company's bets on AI agents "haven't come to fruition yet"

Meta stock drops 6% after announcing a boost in AI spending for 2026. Anthropic's valuation hitting $1.25T by December at 91.5% YES.

Meta lays off 8,000 employees while accelerating AI investment and cloud computing plans, boosting stock but raising Wall Street concerns over margins.