Meta Will Spend Record $60 Billion On AI This Year, Zuckerberg Says—After Trump Announces Stargate Deal With OpenAI
The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
Meta to spend as much as $65 billion on AI efforts in 2025
Meta Platforms Inc. plans to invest as much as $65 billion on projects related to artificial intelligence in 2025.
USA Today4m
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. "This is a massive effort, and over the coming ...
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 ...
Meta Seeks Urgent Fix to AI Chatbot's Confusion on Name of US President
The incidents drew widespread complaints from social media watchers scrutinizing Meta's platforms for signs of politicized ...
Datacenter Dynamics1h
Meta plans $60-65bn capex on AI data center boom, will bring ~1GW of compute online this year
Last year, Meta's capex was between $35bn and $40bn, representing a significant increase. This month, Microsoft said that it ...
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Zuckerberg 'Unleashed:' Early Facebook Investor Says Meta CEO Revitalized By Meta’s AI Push,
Meta CEO Mark Zuckerberg has been revitalized by the company’s AI initiatives, according to Facebook investor Jim Breyer. The venture capitalist invested in Facebook in 2005. Speaking at the World ...
Meta backs data analytics firm Databricks as AI boom attracts investors
Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the ...