How Meta Uses A.I. Data Centers to Avoid Billions in Federal Taxes

Mark Zuckerberg says Meta's A.I. push is a tremendous success. "Our investments in A.I. are accelerating every major part of our core business," he has told investors. "Every sign that we're seeing in our own work and across the industry gives us confidence in this investment."

But when Meta files its taxes, it tells the Internal Revenue Service a different story. It claims that its A.I. data centers are a giant experiment that could fail, according to four people with knowledge of the company's operations.