Meta announced that it has committed nearly $700 billion in future expenditures through long-term and short-term agreements for areas such as artificial intelligence data centers and cloud computing. Among these, $349.3 billion represents irrevocable contractual commitments, primarily involving third-party cloud services, servers, and network infrastructure. Additionally, $347 billion consists of lease commitments that have not yet commenced, which are not recorded on the balance sheet. In July alone, $68 billion in new commitments were added. These payments will begin in 2027 and 2028, with costs incurred in addition to existing active leases, covering data centers, hosting facilities, and some network infrastructure.
