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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.
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 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.
3h
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 ...
1d
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 ...
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 ...
5h
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 ...
1d
Meta Stock Gains. Investors Shrug Off Bigger-Than-Expected $65 Billion AI Spending Plan.
Meta stock gained after Mark Zuckerberg pledged to commit between $60 billion and $65 billion this year to capex.
1d
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 ...
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: ...
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