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Meta to Increase Spending to $65 Billion This Year in A.I. Push
Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing power needed by A.I. products and algorithms.
Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.
Zuckerberg: Meta to Spend Up to $65 Billion on AI in 2025
Meta Platforms Inc. plans to invest as much as $65 billion on projects related to artificial intelligence in 2025, including building a giant new data center and increasing hiring in AI teams, Chief Executive Officer Mark Zuckerberg said Friday.
Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
Meta Platforms plans to spend as much as $65 billion this year to expand its AI infrastructure, CEO Mark Zuckerberg said on Friday, aiming to bolster the company's position against rivals OpenAI and Google in the race to dominate the technology.
Zuckerberg wants to spend billions more on AI. Meta investors like that idea.
Mark Zuckerberg says Meta is targeting $60 billion to $65 billion in capital expenditures this year. One analyst thinks up to $33 billion of that could go toward GPUs.
5h
on MSN
Meta reveals how it plans to make money on Threads, its X competitor with 300 million users
Meta launches ads on Threads, its X/Twitter competitor with 300 million users.
CNET on MSN
5h
Meta Suspended Abortion Pill Providers' Accounts, Removed Posts
Several accounts were suspended on Instagram, and posts were removed on Instagram and Facebook. Parent company Meta says the ...
13h
Meta seeks urgent fix to AI chatbot's confusion on name of US president
It was at least the third emergency procedure Meta has experienced this week related to the U.S. presidential transition, the ...
7m
on MSN
Meta to invest up to $65 billion in capital expenditure this year
Meta Platforms will invest $60 billion to $65 billion in capital expenditure in 2025, CEO Mark Zuckerberg said in a Facebook ...
13h
on MSN
Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end
Meta CEO Mark Zuckerberg said the company plans to up its capital expenditures in 2025 as it aims to keep pace with rivals in ...
Business Insider
8h
The list of major companies laying off staff in the new year, including CNN, Meta, Microsoft, and BP
"We are strengthening our competitiveness and building in resilience as we lower our costs, drive performance improvement and ...
1h
on MSN
Mark Zuckerberg reveals Meta's AI roadmap for 2025, pledges to 'extend American technology leadership'
Meta CEO Mark Zuckerberg anticipates a transformative year for AI in 2025, aiming for over 1 billion users with Meta AI and ...
11h
on MSN
Mark Zuckerberg is building an AI engineer to help with coding tasks at Meta, and ramping up spend to $65 billion
Mark Zuckerberg has announced a new spending plan for Meta which includes building an "AI engineer" to help with coding.
2d
The fallout of Meta’s content moderation overhaul
Meta overhauled its approach to US moderation on Tuesday, ditching fact-checking, announcing a plan to move its trust and ...
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