# Meta, Google, Amazon and Microsoft all reported earnings on Wednesday.

*genai · news · 2026-04-30 · Gizmodo*

## Key points

- Meta's 2026 capital expenditures could exceed $145 billion, doubling last year's $72 billion spend.
- Meta cited higher global memory prices, driven by AI demand, as the main reason for rising costs.
- Meta's Reality Labs has now lost over $80 billion in six years, with $4 billion lost last quarter.
- Meta debuted the Muse Spark AI model, planning to open-source it, as the first output from Superintelligence Labs.
- Meta is laying off 10% of its workforce and offering buyouts to 7% of U.S. staff amid AI investments.

**Companies:** Meta, Google, Amazon, Microsoft
**Countries:** USA

[Read the full story on Gizmodo](https://gizmodo.com/meta-could-spend-145-billion-this-year-due-to-ai-2000752323)

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