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#earnings-analysis Articles | The Tech Archive

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Meta's $31 Billion AI Spending Squeeze: What Happened to Free Cash Flow in Q2 2026

Meta's $31 Billion AI Spending Squeeze: What Happened to Free Cash Flow in Q2 2026

Meta poured $31 billion into AI infrastructure in Q2 2026, collapsing free cash flow to $784 million. Here's what the numbers reveal about the cost of winning the AI race — and what investors and builders should watch next.