Meta’s $65 billion ‘AI answer’ to OpenAI, Oracle and other companies’ Stargate project
Meta Platforms will invest up to $65 billion in 2025 to expand its AI infrastructure, significantly increasing from its ...
Meta to Increase Spending to $65 Billion This Year in A.I. Push
Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing ...
Meta Is Chasing A New Shiny Object
Meta's $60 billion AI investment risks overspending like Reality Labs, with uncertain returns and revenue challenges. See why ...
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Meta to invest over $60 bln in AI expansion for 2025: Mark Zuckerberg
Meta Platforms has announced plans to invest up to $65 billion in artificial intelligence infrastructure in 2025, a move ...
Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on ...
Meta backs data analytics firm Databricks as AI boom attracts investors
Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the ...
Meta Will Spend Record $60 Billion On AI This Year, Zuckerberg Says—After Trump Announces Stargate Deal With OpenAI
The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.