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Meta to Spend Up to $65 Billion on AI
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 products and business."
Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
By Jaspreet Singh (Reuters) -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: Meta to Spend Up to $65 Billion on AI in 2025
Meta Platforms Inc. plans to invest as much as $65 billion on projects related to artificial intelligence in 2025, including building a giant new data center and increasing hiring in AI teams, Chief Executive Officer Mark Zuckerberg said Friday.
20h
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 ...
15h
Potential Stock Splits in 2025: 2 AI Stocks Up 115% and 350% in 2 Years to Buy Now, According to Wall Street
Shares of Meta Platforms ( META 1.74%) and Salesforce ( CRM -0.23%) soared 350% and 115%, respectively, over the last two ...
1d
Meta to spend as much as $65 billion on AI efforts in 2025
The company intends to use the funds to build a data center “so large that it would cover a significant part of Manhattan,” ...
1d
Meta Platforms: Strategic Investments and AI Innovations Drive Buy Rating
Analyst Ronald Josey of Citi reiterated a Buy rating on Meta Platforms (META – Research Report), retaining the price target of $753.00.Invest ...
2d
on MSN
Facebook owner investing up to $65 billion toward AI in 2025
Meta Platforms CEO Mark Zuckerberg announced the social media company plans to spend as much as $65 billion this year alone ...
11h
on MSN
This Artificial Intelligence (AI) Innovator Could Be Sitting on a $100 Billion Opportunity That Could Send Shares Soaring 67%
Recent advances in artificial intelligence (AI) hold the potential to unlock billions of dollars in value for businesses ...
2d
Meta Platforms: Strategic AI Investments and Infrastructure Expansion Underpin Buy Rating
In a report released today, John Blackledge from TD Cowen maintained a Buy rating on Meta Platforms (META – Research Report), with a price ...
7d
The Motley Fool: Meta Platforms has become a major AI player
You may know Meta Platforms for its social media services, but it’s also become a major player in artificial intelligence.
Arabian Business
1d
Meta to spend $65bn on AI this year
Meta Platforms plans to spend $65bn this year to expand its AI infrastructure, according to CEO Mark Zuckerberg. The ...
11d
Meta's crackdown on adult content fails to stop AI nudify apps from flourishing
Despite nudify apps being against Facebook and Instagram policy, one app company keeps advertising on Meta's platforms.
Hosted on MSN
1h
NVDA, GOOGL, or META: Which “Strong Buy” Magnificent 7 Stock has the Highest Upside Potential?
Nvidia stock has rallied over 132%, thanks to the robust demand for its advanced GPUs (graphics processing units) that are ...
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