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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.
2h
Meta to invest up to $65bn in AI infrastructure expansion
Zuckerberg anticipates that Meta's AI assistant will serve more than 1 billion people in 2025, up from approximately 600 ...
1d
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, said DeepSeek's success with R1 said more about the value of open-source than Chinese ...
Southern Poverty Law Center
2d
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 ...
11d
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 ...
15h
The fallout of Meta’s content moderation overhaul
Policy chief Joel Kaplan says that in pursuit of “More Speech and Fewer Mistakes,” Meta will focus more on preventing over-enforcement of its content policies and less on mediating potentially harmful ...
2d
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 ...
Cryptopolitan on MSN
1d
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 ...
Hosted on MSN
1d
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 ...
2d
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 ...
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