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A hot potato: Is the AI industry a bubble waiting to burst? It seems Meta hasn't lost confidence that the technology is the future: the social media giant just announced its capital expenditures this year will be $10 billion more than expected and could reach as much as $145 billion.

CEO Mark Zuckerberg said most of Meta's spending increase was due to higher component costs and additional data center costs to "support future-year capacity."

The figure marks another massive leap in the amount of money Meta is spending on AI. The company spent $72.2 billion on capex in 2025, up $30 billion compared to the previous year.

Should this year's spending spree reach the forecast maximum of $145 billion, it will have more than doubled compared to last year.…