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.
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison ...
For reference, the next richest men alive are Amazon (AMZN) founder and Blue Origin owner Jeff Bezos, Meta (META) CEO Mark Zuckerberg, and Oracle (ORCL) Chief Technology Officer Larry Ellison ...
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital ...
Zuckerberg said the workforce has been "culturally neutured." With anti-DEI rhetoric on the rise, will women feel the impact?
In Trump’s first term, Meta quietly introduced a slew of Republican-friendly changes. But led by Joel Kaplan, the company is ...
Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL ...
Welcome to the latest edition of “Sector Spotlight,” where The Fly looks at a new industry every week and highlights its happenings. Invest ...
CEO Mark Zuckerberg revealed plans to build a massive artificial intelligence data center stacked with GPUs in New York City, but Nvidia (NASDAQ:NVDA), which was the largest GPU supplier for Meta in ...
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