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AI, Meta and Zuckerberg
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 spend up to $65 billion this year to power AI goals, Zuckerberg says
By Jaspreet Singh (Reuters) -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.
Meta Will Spend Up to $65 Billion to Fuel AI Expansion, Mark Zuckerberg Says
Meta CEO Mark Zuckerberg said his company will spend up to $65 billion as it looks to "significantly" grow its artificial intelligence team
Datacenter Dynamics
2d
OpenAI hires Meta's head of AI compute and storage supply chain
OpenAI has hired Meta's head of AI compute and storage supply chain as part of its infrastructure strategy and leadership ...
2h
on MSN
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 ...
9d
on MSN
Meta execs obsessed over beating OpenAI’s GPT-4 internally, court filings reveal
Executives and researchers leading Meta's AI efforts obsessed over beating OpenAI's GPT-4 model while developing Llama 3, ...
6d
on MSN
Democratic lawmakers pen letter accusing Meta, OpenAI, Google and more of trying to 'buy favor' with Trump
Meta, Apple, Google and other tech companies have been named in a letter penned by Democratic lawmakers, accusing them of ...
1d
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 ...
1d
on MSN
OpenAI’s Stargate may be tech’s biggest gamble ever, but here’s what’s really at stake
Stargate isn’t just a massive AI investment—it’s a high-stakes bet on technology, power, and future global dominance.
19m
Mark Zuckerberg wants you to know he has a big AI data center, too
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 ...
1h
on MSN
Meta to spend up to $65B on massive AI data center: ‘Defining year artificial intelligence’
Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark ...
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