Mark Zuckerberg says Meta compute proposals came in at a "meaningful premium over what we paid"

On Meta’s latest earnings call, CEO Mark Zuckerberg discussed outside demand for the company’s computing capacity, saying proposals had come in above Meta’s own costs, and contrasted the profitability of AI offerings with raw computing, according to an investment commentary. The article argues this points to Meta Superintelligence Labs and a potential infrastructure business not yet visible in its financial statements. Meta announced a one-gigawatt data center in El Paso, Texas, with BlackRock, and management said compute demand is outstripping supply. The article also cites more than one million weekly business users of Meta Business Agents on WhatsApp and Messenger and a $75 billion annual revenue run rate for Advantage Plus. Meta’s Q2 2026 revenue rose about 28% to $60.80 billion, while free cash flow fell to $784 million amid higher capital spending.