Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
As part of the investment, Meta will build a more than 2-gigawatt data center that would be large enough to cover a ...
Zuckerberg wants to spend billions more on AI. Meta investors like that idea.
Mark Zuckerberg says Meta is targeting $60 billion to $65 billion in capital expenditures this year. One analyst thinks up to ...
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.
Meta to invest up to $65bn in AI infrastructure this year: Zuckerberg
Big technology companies have been investing tens of billions of dollars to develop AI-related infrastructure after the ...
Meta Will Spend Up to $65 Billion to Fuel AI Expansion, Mark Zuckerberg Says
The Facebook and Instagram boss reveals plans to build a data center that is nearly as big as Manhattan to fuel its AI growth ...
Meta CEO Mark Zuckerberg Strikes Back. He Raises AI Spending Guidance After Stargate.
Meta Platforms isn’t backing down in the artificial intelligence arms race. The company is all in. On Friday, Meta CEO Mark ...
Meta plans to invest up to $65 billion for capex in 2025; Shares gain 1.6% in early market session
Mark Zuckerberg on Friday, said that Meta aims to invest up to $65 billion into its capex needs, according to a Facebook post ...
Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth
Meta CEO Mark Zuckerberg announced the company plans to invest around $60 to $65 billion in capital expenditure this year ...
Analyst revisits Meta stock price target as Zuckerberg drops bombshell
Investors are also betting that Meta's nascent push into AI technologies and the hardware and products it will improve will ...
Meta plans to spend way more than expected on AI. Investors don't seem to mind.
While Wall Street expected Meta (META) to boost its spending in 2025, the magnitude of the increase seems to be a surprise. Analysts tracked by FactSet were modeling $51.4 billion in capital ...
Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced on Friday the social media company will nearly double its spending this year as it focuses ...