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, Oakley and Smartglasses
Meta, WhatsApp win relief
Meta Platforms shares nudged higher in early Friday trading following a bullish outlook on the social media giant from a top ...
Meta's recent policy changes, including cutting fact-checking and diversity programs, haven't decreased platform engagement.
Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing ...
Nvidia Corp. ( NVDA, Financials) shares fell 1.78% on Friday, closing at $144.60 as of 11:55 am GMT-5. The fall followed a ...
Meta overhauled its approach to US moderation on Tuesday, ditching fact-checking, announcing a plan to move its trust and ...
The European Commission will hold a stress test with large social media platforms next week to see whether they have done ...
The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital ...
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