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AI, Meta and Zuckerberg
Meta Plans to Spend as Much as $65B in 'Defining Year for AI' Says Zuckerberg
Key Takeaways Meta Platforms plans to invest $60 billion to $65 billion in capital expenditures this year as the tech giant expands its artificial intelligence efforts, CEO Mark Zuckerberg posted on Facebook Friday.
Meta to invest up to $65 billion this year to power AI goals, Zuckerberg says
"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core products and business."
Meta to spend as much as $65 billion on AI efforts in 2025
The company intends to use the funds to build a data center “so large that it would cover a significant part of Manhattan,” Zuckerberg said in a Facebook post.
Business Insider on MSN
18m
Meta's chief AI scientist says DeepSeek's success shows that "open source models are surpassing proprietary ones"
Meta's chief AI scientist, Yann LeCun, says DeepSeek's success with R1 says more about the value of open source than Chinese ...
13h
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating ...
6d
The Motley Fool: Meta Platforms has become a major AI player
You may know Meta Platforms for its social media services, but it’s also become a major player in artificial intelligence.
1d
Meta Platforms: Strategic AI Investments and Infrastructure Expansion Underpin Buy Rating
In a report released today, John Blackledge from TD Cowen maintained a Buy rating on Meta Platforms (META – Research Report), with a price ...
18h
on MSN
Facebook owner investing up to $65 billion toward AI in 2025
Meta Platforms CEO Mark Zuckerberg announced the social media company plans to spend as much as $65 billion this year alone ...
1d
on MSN
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 ...
1d
Meta Platforms’ Strategic AI Investments Drive Buy Rating
Stifel Nicolaus analyst Mark Kelley has maintained their bullish stance on META stock, giving a Buy rating today.Invest with Confidence: ...
1d
Meta Stock Gains. Investors Shrug Off Bigger-Than-Expected $65 Billion AI Spending Plan.
Meta stock gained after Mark Zuckerberg pledged to commit between $60 billion and $65 billion this year to capex.
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