Meta Platforms anticipates capital expenditures for 2025 to range between $66 billion and $72 billion. This revises the lower end of the company's previous estimate, which was $64 billion to $72 billion. The increased spending reflects Meta's continued investment in infrastructure to support its AI initiatives and metaverse ambitions. This announcement followed a positive Q2 earnings report where Meta's revenue exceeded analyst expectations, contributing to a 10% surge in the company's share price.