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.
Zuckerberg says Meta is increasing AI spending to $65 billion in 2025 in a major AI push
Meta Platforms CEO Mark Zuckerberg revealed that the social network is planning to invest about $60 billion to $65 billion in AI infrastructure.
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
Zuckerberg Looks to Double Meta's GPU Stock to 1.3 Million for AI Training
Zuckerberg announces the effort as Elon Musk is upgrading his Colossus supercomputer and Sam Altman partners to dump $500 billion into 'Project Stargate.'
Zuckerberg: Meta to Spend Up to $65 Billion on AI in 2025
Meta Platforms Inc. plans to invest as much as $65 billion on projects related to artificial intelligence in 2025, including building a giant new data center and increasing hiring in AI teams, Chief Executive Officer Mark Zuckerberg said Friday.
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 $33 billion of that could go toward GPUs.
Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end
Meta CEO Mark Zuckerberg said that the company plans to significantly up its capital expenditures this year as it aims to keep pace with rivals in the cutthroat AI space. In a Facebook post Friday, Zuckerberg said that Meta expects to spend $60 billion-$80 billion on capex in 2025,
Meta Will Spend Up to $65 Billion to Fuel AI Expansion, Mark Zuckerberg Says
Meta CEO Mark Zuckerberg on Friday said his company will spend $60-$65 billion this year as it looks to "significantly" expand its artificial intelligence team and services. The investment comes as Meta,
Meta to invest up to $65 billion in capital expenditure this year
Meta Platforms will invest $60 billion to $65 billion in capital expenditure in 2025, CEO Mark Zuckerberg said in a Facebook ...
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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 ...
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NVIDIA Stock Dips Ahead of Earnings: This Price is Critical for Investors
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Budget 2025 should aim to boost capital expenditure and strengthen capital markets
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Hochschild Mining Shares Tumble on 2025 Capital Expenditure, Cost Guidance
However, its 2025 costs and capital expenditure guidance exceeded analyst expectations as well as its own previous guidance. For full-year 2025, Hochschild expects capital expenditure between $197 ...
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Union Budget will balance fiscal consolidation and growth; Capital expenditure likely to rise to Rs11-11.5 lakh cr: Report
The Union Budget for the fiscal year 2025-26, to be presented on February 1, 2025, is expected to strike a delicate balance ...