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00:02Meta Platforms reportedly classified some of its artificial intelligence data centers as
00:06pilot models involved in experimental work, allowing the company to claim billions of
00:11dollars in federal research tax credits, according to Benzinga.
00:14Meta's research tax credits cut its tax bill by $3.9 billion in 2025, up from $2 billion in 2024
00:21and $700 million in 2023, according to company filings cited by The Times.
00:27The claims reportedly include NVIDIA chips purchased for AI data centers.
00:31However, Meta accountants have raised concerns that the IRS could challenge the classification.
00:37Meta spokesperson Andy Stone said the company has invested $200 billion in research and
00:42development over five years.
00:43The tech giant uses tax incentives established by Congress to support domestic investment
00:48in research, technology, and jobs.
00:50For all things money, visit Benzinga.com.
