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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 billion into 'Project Stargate.' ...
Mark Zuckerberg wants you to know he has a big AI data center, too
Zuckerberg expects to invest as much as $65 billion to further Meta’s AI ambitions, which includes a data center ‘so large it ...
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 ...
Meta CEO Mark Zuckerberg Strikes Back After Stargate and Raises AI Spending Guidance
Meta CEO Mark Zuckerberg said his company is planning to invest $60 billion to $65 billion in capital expenditures this year while growing the size of the company’s AI teams “significantly.” Last ...
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 ...
Nvidia dips despite Meta's massive Manhattan AI data center announcement
Meta Platforms CEO Mark Zuckerberg revealed plans to build a massive artificial intelligence data center, but Nvidia dipped ...
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 ...