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.

Mark Zuckerberg has announced a new spending plan for Meta which includes building an "AI engineer" to help with coding.

The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.

Some Facebook, Instagram and Threads users are wondering whether to delete their accounts after Meta CEO Mark Zuckerberg’s announced changes to content rules and plans to its fact-checking program

Meta says that it is rolling out improvements to Meta AI, its cross-platform chatbot, including the ability to have the bot "remember" details from conversations. In a post on Meta's official blog, the company said that,