Mark Zuckerberg says Meta plans to spend over $60 billion in AI as Silicon Valley panics over Chinese competition
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital ...
Business Times11m
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 ...
Meta Goes Big on AI With $65B Bet on Data Centers and GPUs
Meta ( NASDAQ:META) is going all-in on AI, with CEO Mark Zuckerberg announcing plans to spend $60B to $65B on building out ...
Meta plans to spend way more than expected on AI. Investors don’t seem to mind.
Mark Zuckerberg says Meta is targeting $60 billion to $65 billion in capital expenditures this year. That’s well above Wall ...
Datacenter Dynamics55m
Meta plans $60-65bn capex on AI data center boom, will bring ~1GW of compute online this year
Last year, Meta's capex was between $35bn and $40bn, representing a significant increase. This month, Microsoft said that it ...