Meta to spend up to $65 bln this year to power AI goals, Zuckerberg says
Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said on Friday, joining a wave of Big Tech firms unveiling hefty investments to capitalize on the technology.
Meta, Oakley and Smartglasses
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Meta's recent policy changes, including cutting fact-checking and diversity programs, haven't decreased platform engagement.
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Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing ...
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital ...
Posts on Instagram sharing educational information about abortion pills were blurred or blocked, without an option for ...
The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
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