Mark Zuckerberg wants to spend $60B on building data centers this year
Meta’s capital expenditures for this year are expected to range from $60 billion to $65 billion, the New York Times reported, citing a Facebook post from the company leader. That’s a massive jump from the $38 billion to $40 billion the company spent last year.
Meta to spend up to US$65 billion this year to power AI goals, Zuckerberg says
META Platforms plans to spend between US$60 billion and US$65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said on Friday (Jan 24), joining a wave of Big Tech firms unveiling hefty investments to capitalise on the technology.
"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core ...
Social media giant Meta will invest around $65 billion to boost its artificial intelligence (AI) infrastructure this year.
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial ...
Zuckerberg announces the effort as Elon Musk is upgrading his Colossus supercomputer and Sam Altman partners to dump $500 ...
The company intends to use the funds to build a data center “so large that it would cover a significant part of Manhattan,” ...
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison ...
BILLIONAIRE Mark Zuckerberg has been caught out again after online sleuths discovered him liking a photo of Jeff Bezos’ ...
US tech titans Elon Musk, Mark Zuckerberg and Jeff Bezos are taking a prominent place in the new Trump era, but another ...
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