The company's substantial investment in AI, including $30 billion in capital expenditures last quarter and an estimated $130 billion to $145 billion for the full year, has led to excess compute capacity as its AI models see limited external use. CEO Mark Zuckerberg noted that other AI companies have approached Meta to purchase access to this capacity. Despite a 28% year-over-year revenue growth to $61 billion last quarter, primarily driven by advertising, Meta's operating margin fell to 31% from 43% a year ago due to rising AI and Reality Labs expenses.