Key Points Meta's AI Ambitions: Meta is doubling down on its artificial intelligence (AI) roadmap with significant investments in data centers and network equipment. Lessons from the Past: The scale of this initiative is reminiscent of Meta's previous passion project—the metaverse. Market Implications: While historical patterns offer insights into Meta's stock trajectory, there are key nuances to consider. Meta's $65 Billion Capex Plan: What's It All About? Meta Platforms (NASDAQ: META) is making headlines with its announcement to allocate up to $65 billion in capital expenditures (capex) in 2025, marking a 60% increase from the previous year. This massive budget is primarily directed toward enhancing AI infrastructure. During the company's fourth-quarter earnings call on January 29, CEO Mark Zuckerberg and CFO Susan Li detailed the allocation of this budget across three core areas: Servers: Upgrades to handle advanced AI computations. Data Centers: Expansi...