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 company’s AI ambitions. Part of the plan includes a Louisiana data center that Zuckerberg says “is so large it would cover a significant part of Manhattan,” he wrote on Threads today.
On Friday, Mark Zuckerberg announced a $60-65 billion investment into Meta AI.
Zuckerberg expects Meta’s AI assistant — available across its services, including Facebook and Instagram — to serve more than 1 billion people in 2025.
Meta Platforms (META) is planning to spend $60B to $65B to build out the company's artificial intelligence infrastructure.
Mark Zuckerberg has announced a new spending plan for Meta that includes building an “AI engineer” to help with coding.
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital expenditures.
Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this year
Meta concluded FY24 with $164.5 billion in revenue—a 22% annual growth, and a net profit of $62.4 billion—a 59% increase from the previous fiscal year.
Meta CEO Mark Zuckerberg said his company will spend up to $65 billion as it looks to "significantly" grow its artificial intelligence team
DeepSeek will not derail Microsoft and Meta spending a combined $US145bn ($232.3bn) on artificial intelligence this year, with Mark Zuckerberg steaming ahead with plans to build a data centre almost the size of Manhattan.
Zuckerberg anticipates that Meta's AI assistant will serve more than 1 billion people in 2025, up from approximately 600 million monthly active users in 2024. Meta Platforms has announced plans to invest up to $65bn this year to expand its artificial intelligence (AI) infrastructure.
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.