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Meta to spend as much as $65 billion on AI efforts
Meta to spend $65bn on AI this year
Meta Platforms plans to spend $65bn this year to expand its AI infrastructure, according to CEO Mark Zuckerberg. The investment aims to bolster the company’s position against rivals OpenAI and Google in the race to dominate the technology, Reuters reported.
Meta to spend as much as $65 billion on AI efforts in 2025
The company intends to use the funds to build a data center “so large that it would cover a significant part of Manhattan,” Zuckerberg said in a Facebook post.
Zuckerberg Says Meta to Spend Up to $65 Billion on AI in ’25
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, AI
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 products and business."
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 post on Friday. The company will build an AI engineer that will start contributing increasing amounts of code to its research and design efforts,
Meta Plans To Invest $60 Bn Or More In AI This Year
Meta chief executive Mark Zuckerberg on Friday said the tech giant plans to invest at least $60 billion in artificial intelligence in 2025, aiming to lead in the technology.
2h
on MSN
Meta's chief AI scientist says DeepSeek's success shows that "open source models are surpassing proprietary ones"
Meta's chief AI scientist, Yann LeCun, says DeepSeek's success with R1 says more about the value of open source than Chinese ...
16h
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 ...
4h
on MSN
Meta’s $65 billion ‘AI answer’ to OpenAI, Oracle and other companies’ Stargate project
Meta Platforms will invest up to $65 billion in 2025 to expand its AI infrastructure, significantly increasing from its ...
1d
Meta Platforms: Strategic AI Investments and Infrastructure Expansion Underpin Buy Rating
In a report released today, John Blackledge from TD Cowen maintained a Buy rating on Meta Platforms (META – Research Report), with a price ...
6d
The Motley Fool: Meta Platforms has become a major AI player
You may know Meta Platforms for its social media services, but it’s also become a major player in artificial intelligence.
1d
on MSN
Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced on Friday the social media company will nearly double its spending this year as it focuses ...
1d
Meta Platforms’ Strategic AI Investments Drive Buy Rating
Stifel Nicolaus analyst Mark Kelley has maintained their bullish stance on META stock, giving a Buy rating today.Invest with Confidence: ...
1d
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 ...
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