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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.
12h
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 ...
6h
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 ...
14h
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.
16h
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: ...
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