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Mark Zuckerberg says Meta plans to spend over $60 billion
Meta CEO Mark Zuckerberg Strikes Back. He Raises AI Spending Guidance After Stargate.
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.
Meta CEO Mark Zuckerberg Strikes Back After Stargate and Raises AI Spending Guidance
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.” Last October,
Meta Will Spend Record $60 Billion On AI This Year, Zuckerberg Says—After Trump Announces Stargate Deal With OpenAI
The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
Meta, AI and Zuckerberg
Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced on Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development in the new year. Meta is
Zuckerberg Looks to Double Meta's GPU Stock to 1.3 Million for AI Training
Zuckerberg announces the effort as Elon Musk is upgrading his Colossus supercomputer and Sam Altman partners to dump $500 billion into 'Project Stargate.'
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.
5h
Meta seeks urgent fix to AI chatbot's confusion on name of US president
It was at least the third emergency procedure Meta has experienced this week related to the U.S. presidential transition, the ...
2d
on MSN
Meta executives try to reassure advertisers after CEO Mark Zuckerberg's free-speech makeover
Meta execs meet advertisers to discuss changes in content policies, including removal of third-party fact-checkers.
11d
on MSN
Top Meta official blasts CEO Mark Zuckerberg for ‘buckling to political pressure’ by scrapping censorship as advertisers express concern
Decision to end the platform’s fact-checking program is raising questions about brand safety on the $1.5 trillion tech ...
1d
on MSN
One Tech Tip: How to delete Facebook, Instagram and Threads if you don't like Meta's changes
Some Facebook, Instagram and Threads users are wondering whether to delete their accounts after Meta CEO Mark Zuckerberg’s ...
6h
on MSN
Meta plans to invest up to $65 billion for capex in 2025; Shares gain 1.6% in early market session
Mark Zuckerberg on Friday, said that Meta aims to invest up to $65 billion into its capex needs, according to a Facebook post ...
9d
on MSN
Bay Area lawyer drops Meta as client over CEO Mark Zuckerberg’s ‘toxic masculinity and Neo-Nazi madness’
I have fired Meta as a client,” Lemley wrote on Bluesky, the platform which has emerged as an alternative to X for ...
2d
on MSN
Databricks CEO talks Meta investment and the future of closed vs. open source AI
Ali Ghodsi, Databricks CEO, joins 'Money Movers' to discuss Databricks recent investment from Meta, and much more.
6h
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 ...
8h
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 ...
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