Meta Platforms Inc Class A (META)
Meta CEO Mark Zuckerberg Strikes Back. He Raises AI Spending Guidance After Stargate.
“This will be a defining year for AI,” the CEO wrote in a Facebook post.
Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end
Meta CEO Mark Zuckerberg said that the company plans to significantly up its capital expenditures this year as it aims to keep pace with rivals in the cutthroat AI space.
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 AI.
Mark Zuckerberg says Meta plans to spend over $60 billion on AI as Silicon Valley panics over Chinese competition
Mark Zuckerberg says Meta is planning a $60B-$65B investment in AI for 2025. Zuckerberg said the company's data center in Louisiana will be near the size of Manhattan.
Meta Will Spend $65 Billion on AI Efforts
Meta is making huge investments in artificial intelligence. CEO Mark Zuckerberg says the Facebook parent company will spend up to $65 billion on AI-related projects this year.
Mark Zuckerberg announces expanded AI investment for Meta
CNBC's Carl Quintanilla, Jim Cramer and David Faber discuss the latest news from Meta.
Meta plans to spend way more than expected on AI. Investors don't seem to mind.
Mark Zuckerberg says Meta is targeting $60 billion to $65 billion in capital expenditures this year. That's well above Wall Street's $51 billion forecast.
Meta to Increase Spending to $65 Billion This Year in A.I. Push
Much of the investment will go into increasing the company's footprint in data centers, which provide the computing power that A.I. products and algorithms require.
Meta to invest up to $65 bln in capital expenditure this year
Meta Platforms will invest $60 billion to $65 billion in capital expenditure in 2025, CEO Mark Zuckerberg said in a Facebook post on Friday.
Meta guru urges Europe to gamble more on AI
Europe should take greater risks and plow more money into artificial intelligence, Meta's chief AI scientist Yann LeCun told AFP at the World Economic Forum.
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The calls for a Meta boycott don't seem to be having much of an impact, data shows
Meta's engagement is steady after the company cut fact-checking and diversity programs. A potential TikTok ban might've overshadowed concerns about the policy changes.
