Zuckerberg Looks to Double Meta's GPU Stock to 1.3 Million for AI Training
Zuckerberg announces the effort as Elon Musk is upgrading his Colossus supercomputer and Sam Altman partners to dump $500 ...
Meta to spend up to $65B on massive AI data center: ‘Defining year artificial intelligence’
Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark ...
Nvidia dips despite Meta's massive Manhattan AI data center announcement
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 ...
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 ...
Meta Will Spend Up to $65 Billion to Fuel AI Expansion, Mark Zuckerberg Says
The Facebook and Instagram boss reveals plans to build a data center that is nearly as big as Manhattan to fuel its AI growth ...
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 to $65 billion in capital expenditure this year ...
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 ...
Mark Zuckerberg says Meta plans to spend over $60 billion as Silicon Valley panics over Chinese AI competition
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital ...
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 ...
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 ...
Meta plans to spend way more than expected on AI. Investors don't seem to mind.
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 ...