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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 Will Spend Up to $65 Billion to Fuel AI Expansion, Mark Zuckerberg Says
Meta CEO Mark Zuckerberg said his company will spend up to $65 billion as it looks to "significantly" grow its artificial intelligence team
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.
8h
on MSN
This Artificial Intelligence (AI) Innovator Could Be Sitting on a $100 Billion Opportunity That Could Send Shares Soaring 67%
R ecent advances in artificial intelligence (AI) hold the potential to unlock billions of dollars in value for businesses ...
2d
on MSN
Meta to spend up to $65B on massive AI data center: ‘Defining year for artificial intelligence’
Zuckerberg expects Meta’s AI assistant — available across its services, including Facebook and Instagram — to serve more than ...
Cryptopolitan on MSN
23h
Meta’s Chief AI scientist shares his opinion about DeepSeek’s success
Meta's Chief AI scientist Yann LeCun has given his assessment about the success that DeepSeek is enjoying in the artificial ...
2d
on MSN
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 ...
1d
on MSN
My Top 2 Artificial Intelligence (AI) Stocks for 2025 (Hint: Nvidia Is Not One of Them)
Global spending on artificial intelligence (AI) is expected to remain solid in 2025, with market research firm IDC estimating ...
NOLA.com
1d
Meta's $10 billion Louisiana data center . Here's how it happened.
To bring Meta to Louisiana, officials rewrote laws and pushed through big tax breaks in record time. The inside story, from ...
3d
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 ...
8h
This Artificial Intelligence (AI) Stock Is a Favorite of Billionaires. Here's Why.
Checking out what billionaires own is a smart investment strategy. This especially rings true for a massive movement like ...
2d
on MSN
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.
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