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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 to spend up to $65 billion this year to power AI goals, Zuckerberg says
By Jaspreet Singh (Reuters) -Meta Platforms plans to spend as much as $65 billion this year to expand its AI infrastructure, CEO Mark Zuckerberg said on Friday, aiming to bolster the company's position against rivals OpenAI and Google in the race to dominate the technology.
Zuckerberg says Meta is increasing AI spending to $65 billion in 2025 in a major AI push
Meta Platforms CEO Mark Zuckerberg revealed that the social network is planning to invest about $60 billion to $65 billion in AI infrastructure.
4h
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
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.
Southern Poverty Law Center
1d
How Meta’s policy updates could encourage hate and threaten democracy
CEO Mark Zuckerberg’s announcement to Meta’s policy echoes language President Donald Trump has used for years to attack ...
1d
on MSN
Mark Zuckerberg says Meta plans to spend over $60 billion as Silicon Valley panics over Chinese AI competition
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital ...
10d
on MSN
Babylon Bee CEO hopeful free speech will flourish after Meta announcement: 'Better late than never'
Babylon Bee CEO Seth Dillon reacted to Meta ending its fact-checking program and how free speech and humor has been throttled ...
21h
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,” ...
1d
Meta AI announcement ‘smart move’ ahead of earnings call, says Piper Sandler
Piper Sandler reiterated an Overweight rating and $670 price target on Meta Platforms (META) after CEO Mark Zuckerberg said in a Facebook post ...
Hosted on MSN
10h
Meta’s Stock Dipped: Should You Invest Now or Wait?
Meta stock has been up and down in recent weeks amid some changes and announcements affecting the technology giant. Check Out ...
10h
How to delete Facebook, Instagram and Threads if you don’t like Meta’s changes
Some users are wondering how to quit the platforms now that Meta is relaxing rules on harmful content such as hate speech and ...
1d
Meta’s CapEx announcement ‘reminder’ of leading position in AI, says RBC Capital
Meta CEO Mark Zuckerberg announced this morning that the company intends to spend $60B-$65B in capital expenditures for the year, which RBC ...
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