Meta Platforms Inc Class A (META)
Meta Plans $65 Billion Infrastructure Investment During ‘Defining Year' for AI
Meta plans to invest $60 billion to $65 billion in capital expenditures and grow its artificial intelligence (AI) teams “significantly” this year, CEO Mark Zuckerberg said in a Friday (Jan. 24) post on Facebook.
Meta plans to invest $60 bn or more in AI this year
Meta chief executive Mark Zuckerberg on Friday said the tech giant plans to invest at least $60 billion in artificial intelligence in 2025, aiming to lead in the technology.
Meta Is Still A Strong Buy
Meta Platforms is in a solid uptrend, with the potential to reach $750 by year-end due to strong earnings and technical momentum. Meta's massive AI investments and leadership in VR, AR and the metaverse position it for substantial future revenue and profitability growth. Meta consistently outperforms earnings estimates, with potential 2025 EPS around $28, making it relatively inexpensive at a 20 forward P/E multiple.
CapEx should balloon for Meta, BNP Paribas' Stefan Slowinski
Stefan Slowinski, BNP Paribas Exane global head of software research, joins 'Power Lunch' to discuss opportunities in software stocks and his expectations for mega-cap tech earnings.
Meta scrambles to fix AI chatbots that still calling Joe Biden the president
On Thursday, Meta's artificial intelligence bots across Facebook, Instagram and WhatsApp were still telling inquisitive users that the US president is Joe Biden – despite Donald Trump's inauguration on Monday, according to a report.
META Investing Up to $65B in A.I. & Earnings Preview
Meta Platforms (META) said it will invest between $60 billion and $65 billion into A.I. in 2025. That money will go to a 2+ gigawatt data center that CEO Mark Zuckerberg says, "would cover a significant part of Manhattan.
Meta to begin testing ads on Threads, its micro-blogging app
Meta will begin testing ads on its Threads microblogging service with a few companies in the U.S. and Japan, the company said in a blog post Friday. The experiment marks Meta's first run at generating revenue from Threads, which launched in 2023 to rival X, the company formerly known as Twitter that Elon Musk purchased in 2022.
Meta to test ads on Threads in US and Japan
Meta Platforms will begin test launching ads on its social media platform Threads with a few brands in the U.S. and Japan, it said on Friday, as the app hits over 300 million monthly active users.
Meta to spend up to $65B on massive AI data center: ‘Defining year artificial itelligence'
Zuckerberg expects Meta's AI assistant — available across its services, including Facebook and Instagram — to serve more than 1 billion people in 2025.
Meta profits from known pro-Russian disinfo network: researchers
Social media giant Meta made hundreds of thousands of dollars last year from content posted by a well-known pro-Russian disinformation network, researchers have claimed.
Meta Will Spend Record $60 Billion On AI This Year, Zuckerberg Says—After Trump Announces Stargate Deal With OpenAI
Meta will rapidly ramp up its spending in 2025 as part of its artificial intelligence push, according to its centibillionaire CEO Mark Zuckerberg announced Friday, as the battle between Meta and its generative AI competitors including OpenAI and Elon Musk's xAI comes to the forefront this week with President Donald Trump's announcement of the $500 billion “Stargate” joint venture with OpenAI.
Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth
Meta CEO Mark Zuckerberg on Friday announced the company plans to invest around $60 to $65 billion in capital expenditure this year as it builds out its AI infrastructure. Meta is building a large datacenter that "would cover a significant part of Manhattan" to power its AI offerings and will end the year with 1.3 million GPUs, Zuckerberg said.
