Meta’s CEO Just Promised Superintelligence. He Thinks Everyone Will Have It

Meta reported a strong Q1 2026 earnings beat and used the call to outline an aggressive AI strategy centered on “personal superintelligence” for billions of users. Revenue rose 33% year over year to $56.31 billion, supported by 19% higher ad impressions and a 12% increase in average price per ad. However, the market is weighing those gains against sharply higher spending: Meta lifted 2026 capex guidance to $125 billion-$145 billion and logged $18.997 billion of capex in Q1. The company’s first superintelligence model, Muse Spark, is showing early traction, but execution concerns and AI restructuring criticism have pressured the stock, which has fallen from the post-filing level. Wall Street remains constructive overall, with an $827.32 consensus target and 57 buys, yet investors appear cautious about the massive capital commitment needed to compete in AI.