Meta adjusts its 2026 capex, Muse surpasses 2 million users

Key Takeaways

1Meta adjusts its 2026 capex forecast to $135–145 billion, down from $130–145 billion previously

2Muse, the AI assistant, surpasses 2 million daily users and 3 million downloads

3After several quarters of decline, Meta's stock rose by 4.12% after hours

Why it matters : Meta continues its massive investments in AI while betting on Muse to support its growth and reassure investors.

Meta adjusts its investment spending range for 2026 and presents Muse as a new growth lever. Despite quarters marked by declines in its stock price, shares rose after hours. The AI assistant claims over 2 million daily users and 3 million downloads, with a model based on partial free access and a commission on transactions.

The stock reacts as the market digests high capex

Meta has faced several quarters of skepticism from investors regarding the scale of its investment spending: the stock fell nearly 10% last quarter after earnings per share fell short of Wall Street expectations, and 6% the previous quarter following an increase in spending forecasts. At the time of publication, the stock was up 4.12% after the close.

Muse claims 2 million daily users and 3 million downloads

Muse has emerged as the flagship product of the quarter at Meta. The AI assistant has surpassed 2 million daily users and reached 3 million downloads, following rapid growth in the App Store. Users report using it to organize trips or prepare for exams. In September, Mark Zuckerberg introduced a business model based on free access for a large number of tokens, with a commission taken from transactions over time. Meanwhile, Alexandr Wang is posting memes featuring Muse's mascot.

Le brief IA que lisent les pros

Le brief IA que les pros lisent chaque soir

Les 7 actus IA du jour, décryptées en 5 min. Gratuit.

Inclus dès l'inscription : notre sélection des meilleurs guides & comparatifs IA.

Choisissez votre rythme

Gratuit · Pas de spam · Désabonnement en 1 clic

2026 range raised to $135–145 billion, up from $130–145 billion

For 2026, Meta anticipates investments between $135 billion and $145 billion, a revised range from the previous $130 billion to $145 billion. This projection includes an annual estimate of $139.79 billion, a figure expected by analysts. In the third quarter, capital expenditures amounted to $34.91 billion. These amounts are dedicated to data centers and other infrastructure necessary for AI development, with an increase in spending that was anticipated.

Zuckerberg says he is ready to bet up to $200 billion on AI

Mark Zuckerberg stated earlier this month on the Cheeky Pint podcast that he would be willing to invest up to $200 billion in AI, even before knowing if the models would work. Meta is highlighting its massive investments in infrastructure to support its AI developments. For some investors, Muse could help justify the scale of these expenditures.