The social media company, Meta, has reported that it lost 20 million users in the last quarter, largely due to internet disruptions in Iran and a restriction on access to WhatsApp in Russia. Despite this, the company plans to invest billions in AI investments this year. This comes as it increases its projected capital expenditures for 2026 to a range of $125-145 billion, $10 billion more than previous estimates, driven by expectations for higher component pricing and additional costs for future data center capacity. However, the Reality Labs unit that builds wearable and virtual reality devices reported an operating loss of $4.03 billion over the three-month quarter, following two waves of layoffs.