Meta said it has agreed to spend about $825 billion on future leases and contracts, many tied to AI computing power and infrastructure. Leases not yet on its balance sheet total $355.7 billion, covering data center and energy infrastructure starting through 2036. As of Sept. 30, the company separately had $454.5 billion in non-cancellable contracts, largely for third-party cloud computing, data center energy and Reality Labs hardware. Meta is also obligated to buy up to $14.7 billion of cloud capacity over five years. The total compares with almost $700 billion reported in July, as Meta boosts its capex plans and creates a new class of nonvoting stock.
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Keywords
METANVDAartificial intelligencedata centers
Open a keyword to see other news on the same topic.
Related tickers and likely impact
META
▼ Likely negativeMeta Platforms
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $1.9T |
| Close on 10/21/2026 | 698.43 |
| Change that session | +0.60% |
NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/21/2026 | 221.87 |
| Change that session | +2.49% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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