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Meta to Increase Spending to $65 Billion This Year
Meta to Increase Spending to $65 Billion This Year in A.I. Push
Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing power needed by A.I. products and algorithms.
Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
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 and Google in the race to dominate the technology.
Zuckerberg wants to spend billions more on AI. Meta investors like that idea.
Mark Zuckerberg says Meta is targeting $60 billion to $65 billion in capital expenditures this year. One analyst thinks up to $33 billion of that could go toward GPUs.
4h
on MSN
Meta's chief AI scientist says DeepSeek's success shows that 'open source models are surpassing proprietary ones'
Meta's chief AI scientist, Yann LeCun, says DeepSeek's success with R1 says more about the value of open source than Chinese ...
NOLA.com
20h
Meta's $10 billion Louisiana data center . Here's how it happened.
To bring Meta to Louisiana, officials rewrote laws and pushed through big tax breaks in record time. The inside story, from ...
1d
How Meta’s Removal Of Fact-Checking Impacts Content Creators
Meta's removal of fact-checking reshapes digital trust and responsibility. What it means for creators, audiences, and the ...
23h
Meta Is Chasing A New Shiny Object
Meta's $60 billion AI investment risks overspending like Reality Labs, with uncertain returns and revenue challenges. See why ...
1d
on MSN
Meta reveals how it plans to make money on Threads, its X competitor with 300 million users
Meta launches ads on Threads, its X/Twitter competitor with 300 million users.
7h
on MSN
Meta’s Free-Speech Shift Made It Clear to Advertisers: ‘Brand Safety’ Is Out of Vogue
The social-media giant’s loosening of speech restrictions is unsettling advertisers, who say a decade of efforts to protect ...
11d
on MSN
Zuckerberg plans Meta layoffs as company culls ‘low performers’ faster
Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a ...
Business Insider
1d
The list of major companies laying off staff in the new year, including CNN, Meta, Microsoft, and BP
"We are strengthening our competitiveness and building in resilience as we lower our costs, drive performance improvement and ...
1d
on MSN
Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end
Meta CEO Mark Zuckerberg said the company plans to up its capital expenditures in 2025 as it aims to keep pace with rivals in ...
2d
Meta courted Trump. Now comes the backlash from Facebook, Instagram users.
If you were surprised to see yourself suddenly following President Donald Trump on Instagram and Facebook this week, it’s not ...
CNET on MSN
1d
Meta Suspended Abortion Pill Providers' Accounts, Removed Posts
Several accounts were suspended on Instagram, and posts were removed on Instagram and Facebook. Parent company Meta says the ...
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