Meta Platforms CEO Mark Zuckerberg (pictured) revealed during a Q4 earnings call the company plans to continue its massive spending spree on AI talent and infrastructure but expects losses in its Reality Labs division to continue. Meta expects full-year capital expenditures to be $115 billion to $135 billion, with year-over-year growth driven by increased investments to support its Meta Superintelligence Labs efforts. SubscribeReeling Reality LabsMeta’s Reality Labs division, which develops VR and AR technologies as part of Zuckerberg’s vision to create a metaverse, recorded an operating loss of $6 billion on $955 million in revenue. CNBC reported Reality Labs has over $75 billion in total operating losses since late 2020. The news site noted Meta laid off more than 1,000 Reality Labs employees in early January 2026 as it shifted resources to AI and wearable glasses.