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.
Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end
Meta CEO Mark Zuckerberg said that the company plans to significantly up its capital expenditures this year as it aims to keep pace with rivals in the cutthroat AI space. In a Facebook post Friday, ...
Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
As part of the investment, Meta will build a more than 2-gigawatt data center that would be large enough to cover a ...
Meta to invest up to $65bn in AI infrastructure this year: Zuckerberg
Big technology companies have been investing tens of billions of dollars to develop AI-related infrastructure after the ...
Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth
Meta CEO Mark Zuckerberg announced the company plans to invest around $60 to $65 billion in capital expenditure this year ...
Meta plans to invest up to $65 billion for capex in 2025; Shares gain 1.6% in early market session
Mark Zuckerberg on Friday, said that Meta aims to invest up to $65 billion into its capex needs, according to a Facebook post ...
Meta plans to spend way more than expected on AI. Investors don't seem to mind.
While Wall Street expected Meta (META) to boost its spending in 2025, the magnitude of the increase seems to be a surprise. Analysts tracked by FactSet were modeling $51.4 billion in capital ...
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 ...
Meta to Increase Spending to $65 Billion This Year in A.I. Push
Much of the investment will go into increasing the company’s footprint in data centers, which provide the computing power ...
Meta to Invest up to $65 Billion in Capital Expenditure This Year
(Reuters) -Meta Platforms will invest $60 billion to $65 billion in capital expenditure in 2025, CEO Mark Zuckerberg said in ...