Social media giant Meta will invest around $65 billion to boost its artificial intelligence (AI) infrastructure this year.

Meta CEO Mark Zuckerberg announced Friday that the company plans to build a massive data center in Louisiana to power its ...

Zuckerberg announces the effort as Elon Musk is upgrading his Colossus supercomputer and Sam Altman partners to dump $500 ...

Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark ...

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.

The Facebook and Instagram boss reveals plans to build a data center that is nearly as big as Manhattan to fuel its AI growth ...

Meta Platforms CEO Mark Zuckerberg revealed plans to build a massive artificial intelligence data center, but Nvidia dipped ...

"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core ...

Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing ...

While Wall Street expected Meta (META) to boost its spending in 2025, the magnitude of the increase seems to be a surprise. Analysts tracked by FactSet were modeling $51.4 billion in capital ...

Meta CEO Mark Zuckerberg announced on Friday the social media company will nearly double its spending this year as it focuses ...