Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
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.
Meta, Oakley and Smartglasses
Meta's recent policy changes, including cutting fact-checking and diversity programs, haven't decreased platform engagement.
Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing ...
It was at least the third emergency procedure Meta has experienced this week related to the U.S. presidential transition, the ...
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital ...
Posts on Instagram sharing educational information about abortion pills were blurred or blocked, without an option for ...
Meta Platforms shares nudged higher in early Friday trading following a bullish outlook on the social media giant from a top ...
The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating ...
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