AI will replace developers soon and IBM says investment is growing. Salesforce introduces its new AI solution for retailers. A Microsoft Laptop is available at a steal.
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital expenditures.
Mark Zuckerberg has announced a new spending plan for Meta that includes building an “AI engineer” to help with coding.
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 CEO Mark Zuckerberg announced the company plans to invest around $60 to $65 billion in capital expenditure this year
Meta Platforms isn’t backing down in the artificial intelligence arms race. The company is all in. On Friday, Meta CEO Mark Zuckerberg said his company is planning to invest $60 billion to $65 billion in capital expenditures this year while growing the size of the company’s AI teams “significantly.
Shares of Meta Platforms ( META 1.74%) and Salesforce ( CRM -0.23%) soared 350% and 115%, respectively, over the last two years. That price appreciation makes both companies stock-split candidates in 2025. More importantly, Wall Street is generally bullish on Meta Platforms and Salesforce, and certain analysts anticipate material upside.
"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."
On Friday, Mark Zuckerberg announced a $60-65 billion investment into Meta AI.
Meta CEO Mark Zuckerberg just dropped a bombshell for the tech world: AI could soon replace the work of midlevel software engineers – yes, the ones earning mid-six-figure salaries. Speaking on The Joe Rogan Experience,
Meta CEO Mark Zuckerberg “loved” an image on Facebook known as "Challah Horse" that happens to be AI-generated, highlighting the amount of AI spam on the platform.