7 hours ago · Zuckerberg also mentioned that by the end of 2025, Meta will have more than 1.3 million GPUs online, further powering its AI operations. ... With $65 billion earmarked for capital expenditure (CAPEX), the company is making a bold statement about its intentions to become a leader in AI. This investment comes just as other tech behemoths, like ...

6 days ago · 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 ...

6 days ago · That’s well above consensus analyst forecasts of $51 billion in capital expenditures this year, according to FactSet, and Zuckerberg’s median projected capex of $62.5 billion would be 63% ...

6 days ago · Zuckerberg added that Meta will be “growing our AI teams significantly” in 2025. ... The company is expected to provide a final 2024 capital expenditure figure when it announces its fourth ...

6 days ago · Meta Platforms (META) CEO Mark Zuckerberg said the company plans to invest $60 billion to $65 billion in capital expenditures this year, up from an estimated $38 billion to $40 billion in...

6 days ago · Meta Platforms Inc. plans to invest as much as $65 billion on projects related to artificial intelligence in 2025, including building a giant new data center and increasing hiring in AI teams,...

6 days ago · In a Facebook post Friday, Zuckerberg said that Meta expects to spend $60 billion-$80 billion on CapEx in 2025, primarily on data centers and growing the company’s AI development teams. That ...

Mark Zuckerberg announced a huge leap in Meta Platforms’sMETA 0.32% increase; green up pointing triangle capital spending this year to between $60 billion to $65 billion, an increase driven by ...

6 days ago · Zuckerberg sees Meta 2025 Capex at $60bn to $65bn in 2025. View all comments (0) 0. META-Investing.com -- Meta Platforms announced plans to invest between $60 billion and $65 billion in capital ...

6 days ago · Mark Zuckerberg has announced a new spending plan for Meta that includes building an “AI engineer” to help with coding. The Facebook boss is spending up to $65 billion to beef up AI ...