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Meta, AI and Zuckerberg
Mark Zuckerberg announces $60 billion investment in Meta AI
Zuckerberg went on to say that Meta is building a data center of over two GW (gigawatts, a big amount of energy) "that is so large it would cover a significant part of Manhattan."
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 announce Q4 earnings amid AI spending spree
Meta (META) will report its fourth quarter earnings after the bell on Wednesday, and analysts and investors will be looking for signs that the company’s massive AI spending is continuing to pay off. Last week,
4d
on MSN
Mark Zuckerberg wants you to know he has a big AI data center, too
Meta CEO Mark Zuckerberg expects to spend as much as $65 billion on AI in 2025 as part of a “massive effort” to further the ...
Gulfbusiness.com on MSN
1d
Meta to invest up to $65bn in AI Infrastructure, CEO Mark Zuckerberg reveals
CEO Mark Zuckerberg announced that Meta Platforms (META.O) plans to invest as much as $65bn in 2025 to expand its artificial ...
4d
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 ...
4d
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 ...
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