CEO Mark Zuckerberg said it will increase capital spending to $60 billion to $65 billion for AI infrastructure.
Zuckerberg expects Meta’s AI assistant — available across its services, including Facebook and Instagram — to serve more than ...
Last year, Meta's capex was between $35bn and $40bn, representing a significant increase. This month, Microsoft said that it ...
The company plans to spend up to $65 billion on infrastructure for AI in 2025, and is planning a data center with a footprint ...
CEO Mark Zuckerberg revealed plans to build a massive artificial intelligence data center stacked with GPUs in New York City, but Nvidia (NASDAQ:NVDA), which was the largest GPU supplier for Meta in ...
Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing ...
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 ...
Meta Platforms (META) is planning to spend $60B to $65B to build out the company's artificial intelligence infrastructure.