# Ark Invest Buys $17 Million in Meta Shares as Zuckerberg Defends AI Spending

- URL: https://stocks.freetheai.org/news/ark-invest-buys-17-million-in-meta-shares-as-zuckerberg-defends-ai-spending-ed807e
- Published: 2026-10-14T01:45:46Z
- Category: company_news; sentiment: bullish; impact: medium
- Symbols: [NASDAQ:META](https://stocks.freetheai.org/symbols/NASDAQ-META), [NASDAQ:CBRS](https://stocks.freetheai.org/symbols/NASDAQ-CBRS), [NYSE:BABA](https://stocks.freetheai.org/symbols/NYSE-BABA)
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Ark Invest purchased 22,734 shares of Meta Platforms Inc. (META) valued at approximately $17.3 million across two of its exchange-traded funds. The investment firm also bought nearly $10 million worth of Cerebras Systems Inc. (CBRS) stock while selling a $384,095 position in Alibaba Group Holding Ltd. (BABA).

The purchase comes as Meta Chief Executive Officer Mark Zuckerberg highlighted plans to invest between $100 billion and $200 billion into artificial intelligence infrastructure. Meta is currently expanding its Prometheus computing cluster in Ohio past one gigawatt of power and planning a five-gigawatt cluster named Hyperion in Louisiana. Operating a single gigawatt cluster involves roughly $15 billion annually in operating costs alongside $50 billion to $60 billion in upfront capital expenditure.

Market participants are observing whether Meta can generate sufficient revenue from subscriptions and small-business tools to offset its heavy infrastructure spending. In addition, investors are keeping an eye on Cerebras as an upcoming IPO lock-up expiration makes up to 19.4 million shares eligible for sale.

## Key points

- Ark Invest bought 22,734 shares of Meta Platforms Inc. (META) worth $17.3 million across two funds.
- Meta CEO Mark Zuckerberg outlined potential AI infrastructure commitments ranging from $100 billion to $200 billion.
- Ark Invest acquired 67,362 shares of Cerebras Systems Inc. (CBRS) valued at nearly $10 million.
- Ark Invest trimmed its holding in Alibaba Group Holding Ltd. (BABA), selling 3,465 shares for $384,095.

## Questions and answers

### How many Meta shares did Cathie Wood's Ark Invest buy?

Ark Invest purchased 22,734 shares of Meta Platforms Inc. across two exchange-traded funds, valued at $17.3 million based on the stock's closing price.

### How much money is Meta planning to invest in AI infrastructure?

Meta Chief Executive Officer Mark Zuckerberg discussed committing between $100 billion and $200 billion to artificial intelligence infrastructure and computing clusters.

### What other stock transactions did Ark Invest execute?

Ark Invest bought 67,362 shares of Cerebras Systems Inc. worth nearly $10 million and sold 3,465 shares of Alibaba Group Holding Ltd. valued at $384,095.