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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 nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest
Meta Will Spend $65 Billion on AI Efforts
Meta is making huge investments in artificial intelligence. CEO Mark Zuckerberg says the Facebook parent company will spend up to $65 billion on AI-related projects this year. Mandeep Singh of Bloomberg Intelligence is on "Bloomberg .
2h
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.
CNET on MSN
1h
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 ...
11h
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 ...
6h
on MSN
Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth
Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this ...
Business Insider
5h
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 ...
10h
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 ...
5h
on MSN
Meta Suspends Abortion Pill Accounts, 'Delete Facebook' Searches Near 5-Year Peak
Meta Platforms (NASDAQ:META) may face declining user rates after its decision to change its content moderation to a community ...
10d
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 ...
11h
Meta to invest up to $65 billion this year to power AI goals, Zuckerberg says
"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core ...
2d
The fallout of Meta’s content moderation overhaul
Meta overhauled its approach to US moderation on Tuesday, ditching fact-checking, announcing a plan to move its trust and ...
1d
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 ...
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