• In early June 2026, Reliance Industries announced a partnership with Meta Platforms to build a 168 MW, AI-ready, renewable-powered data centre in Jamnagar, Gujarat, while Meta also expanded its India clean energy sourcing and rolled out AI products and Threads feature upgrades across its global platforms.
• Together, these moves show Meta tying its AI infrastructure and product roadmap directly to low-cost, renewable data centre capacity and fast-growing user communities such as Threads’ 500 million monthly active users.
• We’ll now explore how Meta’s India data centre partnership and Threads’ scale might influence its AI-heavy investment narrative and long-term assumptions.

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Meta Platforms Investment Narrative Recap

To own Meta today, you need to believe its AI and advertising engine can keep funding very heavy infrastructure spending while still growing profits, and that new products like Threads and AI subscriptions eventually matter as more than experiments. The India data centre partnership and renewable buildout support the existing AI capex plan but do not change the near term catalyst of proving AI monetization, nor do they ease the biggest risk of spending running ahead of revenue.

The Jamnagar data centre deal stands out because it directly links to Meta’s AI infrastructure buildout, which is already running at US$125 billion to US$145 billion in 2026 capex. Pairing this with ~900 MW of new Indian renewables reinforces the thesis that Meta is locking in large scale, lower cost power for AI workloads, a practical backdrop for its push into AI agents, “Plus” subscriptions and commerce tools across WhatsApp, Instagram and Facebook.

Yet behind the AI build and India expansion, investors also need to weigh rising regulatory pressure on youth access and content that could materially reshape how Meta’s apps are allowed to operate...

Meta Platforms' narrative projects $369.0 billion revenue and $111.2 billion earnings by 2029. This requires 19.7% yearly revenue growth and a $40.6 billion earnings increase from $70.6 billion today.

Uncover how Meta Platforms' forecasts yield a $828.80 fair value, a 38% upside to its current price.

Exploring Other Perspectives

Some of the most optimistic analysts already modeled Meta reaching about US$380.8 billion in revenue and US$121.7 billion in earnings by 2029, so if you side with that view you are assuming the AI and messaging catalysts more than offset risks like heavier AI infrastructure spending and stricter regulation, even though this new India data centre push was not yet in those forecasts.

Explore 58 other fair value estimates on Meta Platforms - why the stock might be worth just $689.41!

The Verdict Is Yours

Don't just follow the ticker - dig into the data and build a conviction that's truly your own.

• A great starting point for your Meta Platforms research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision.
• Our free Meta Platforms research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Meta Platforms' overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.