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 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 investments into artificial intelligence.
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
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 artificial intelligence (AI) development. Meta is planning to invest
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.
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.
Meta to spend up to $65B on massive AI data center: ‘Defining year artificial intelligence’
Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said Friday, joining a wave of Big Tech firms unveiling hefty investments to capitalize on the technology.
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 ...
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 ...
Meta Is Chasing A New Shiny Object
Meta's $60 billion AI investment risks overspending like Reality Labs, with uncertain returns and revenue challenges. See why ...
Meta Plans to Spend as Much as $65B in 'Defining Year for AI' Says Zuckerberg
Key Takeaways Meta Platforms plans to invest $60 billion to $65 billion in capital expenditures this year as the tech giant ...
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 ...
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 ...
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.