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Meta plans to spend way more than expected on AI. Investors don’t seem to mind.
Mark Zuckerberg says Meta is targeting $60 billion to $65 billion in capital expenditures this year. That’s well above Wall Street’s $51 billion forecast.
Meta to Invest up to $65 Billion in Capital Expenditure This Year
(Reuters) -Meta Platforms will invest $60 billion to $65 billion in capital expenditure in 2025, CEO Mark Zuckerberg said in a Facebook post on Friday. The company will build an AI engineer that will start contributing increasing amounts of code to its research and design efforts, Zuckerberg said.
Meta to invest up to $65 bln in capital expenditure this year
Meta Platforms will invest $60 billion to $65 billion in capital expenditure in 2025, CEO Mark Zuckerberg said in a Facebook post on Friday.
25m
on MSN
Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
(Reuters) -Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO ...
48m
Meta to Increase Spending to $65 Billion This Year in A.I. Push
Much of the investment will go into increasing the company’s footprint in data centers, which provide the computing power ...
Hosted on MSN
18h
Zuckerberg 'Unleashed:' Early Facebook Investor Says Meta CEO Revitalized By Meta’s AI Push,
Meta CEO Mark Zuckerberg has been revitalized by the company’s AI initiatives, according to Facebook investor Jim Breyer. The venture capitalist invested in Facebook in 2005. Speaking at the World ...
3d
on MSN
Mark Zuckerberg at inauguration 2025: See photos of Meta CEO as Donald Trump sworn in
The Meta CEO met with Trump after his win in the 2024 presidential election, according to multiple reports including CBS and ...
10d
on MSN
Mark Zuckerberg says he wants more 'masculine energy' at Meta. So why don't more men use Facebook?
Mark Zuckerberg wants more "masculine energy" at the social companies run by Meta. But his products are used by more women ...
1d
Early Facebook investor Jim Breyer says Zuckerberg has been ‘revitalized' by Meta's AI push
Venture capitalist and early Facebook investor Jim Breyer said Meta CEO Mark Zuckerberg has been energized by his company’s ...
9d
on MSN
Meta to cut 5% of staff as Mark Zuckerberg targets ‘low performers’: memo
Meta is planning to slash roughly 5% of its staff this year in a move aimed at weeding out under-performers, CEO Mark ...
2d
on MSN
Facebook users say they are now auto-following Trump after Meta founder Mark Zuckerberg cozied up to new president
Facebook issues come as Meta said it’s working to resolve issue where Democratic search terms were blocked on Instagram ...
Hip-Hop Wired
11d
Facebook Littered With Fake Headlines After Mark Zuckerberg Announced Meta Will No Longer Be Fact-Checking
Following Mark Zuckerberg's announcement that Meta will no longer be fact-checking, Facebook is already feeling the effects.
10d
on MSN
Top Meta official blasts CEO Mark Zuckerberg for ‘buckling to political pressure’ by scrapping censorship as advertisers express concern
Decision to end the platform’s fact-checking program is raising questions about brand safety on the $1.5 trillion tech ...
1d
on MSN
One Tech Tip: How to delete Facebook, Instagram and Threads if you don't like Meta's changes
Some Facebook, Instagram and Threads users are wondering whether to delete their accounts after Meta CEO Mark Zuckerberg’s ...
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