Unless someone feels like breaking into a datacenter (and likely several cold backup facilities) and mechanically wiping data, that shit is there forever. Facebook deletes nothing.
They don't need the data perpetually to train their AI. Just dump it once into the black box and be done with it - no need to save it for even a second. Of course, if they want to train and re-train, and perhaps build ad profiles, that's a different matter.
I went without Facebook for about 7 years. I went through the account deletion process. After meeting my now wife, she wanted to be able to send me stuff she sees on there. W/E I'll just use my old email address and spin up a new account... Low and behold, my account was still there... I went through and manually deleted all of my posts, chats, liked pages, everything. My account is now just a place for my wife to share reels.
I don't like Facebook but I have found it convenient to be able to use the marketplace again.