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 significant part of Manhattan. "This will be a defining year for AI," Zuckerberg said in a Facebook post.
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, Invest and Capital Expenditure
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg said his company will invest between $60 billion and $65 billion ...
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Much of the investment will go into increasing the company’s footprint in data centers, which provide the computing power ...
Meta CEO Mark Zuckerberg announced on Friday the social media company will nearly double its spending this year as it focuses ...
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