Stephanie Hughes

I'm Stephanie Hughes.

We're back with Marketplace's Megan McCarty Carino.

Good catch there, Megan.

That's Marketplace's Megan McCarty Carino.

I'm Stephanie Hughes, and that's Marketplace Tech.

This is APM.

Meta revs its engine in the AI race.

For American Public Media, this is Marketplace Tech.

I'm Stephanie Hughes.

Meta anticipates spending $135 billion in capital expenditures this year.

That's nearly double what it was in 2025.

One driver of that growth is what Meta calls its superintelligence lapse.

This kind of spending puts it right up there with other tech giants pouring money into their AI capabilities.

And it's a shift from a company that used to be very focused on virtual reality.

I talked about this with Mike Isaac, a reporter for the New York Times.

In its most recent earnings call, Meta mentioned building personal superintelligence.

Tell me what that is, besides frightening.

Yeah, I think you're getting at this, but what advantages does Meta have as it rushes to build these AI tools?

We'll be right back.

You're listening to Marketplace Tech.