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Meta to Increase Spending to $65 Billion This Year
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
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.
Facebook, Instagram and Meta
Meta courted Trump. Now comes the backlash from Facebook, Instagram users.
If you were surprised to see yourself suddenly following President Donald Trump on Instagram and Facebook this week, it’s not because Meta forced you to, the social media company says.
Here's why you might already be following Donald Trump, JD Vance on Instagram, Facebook
Following the inauguration, many people went on social media to find that they were following the new president.
Meta says it's not automatically making users' accounts follow Trump on Instagram and Facebook
It said follow and unfollow requests may take time as the accounts switch hands to the new Trump administration.
14h
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 ...
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
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 ...
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 ...
10d
on MSN
Zuckerberg plans Meta layoffs as company culls ‘low performers’ faster
Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a ...
14h
Meta to invest up to $65 billion this year to power AI goals, Zuckerberg says
"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core ...
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 ...
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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