Meta CEO Mark Zuckerberg expects to spend as much as $65 billion on AI in 2025 as part of a “massive effort” to further the company’s AI ambitions. Part of the plan includes a Louisiana data center that Zuckerberg says “is so large it would cover a significant part of Manhattan,
Meta (META) is turning up the heat on the AI competition. On Friday, CEO Mark Zuckerberg announced that the company plans to pour billions more into its artificial intelligence development efforts, construct a massive new data center,
Meta Platforms (META) plans to invest $60 billion to $65 billion in capital expenditures in 2025 as the social media giant looks to expand its artificial intelligence infrastructure, Chief Executive Mark Zuckerberg said Friday.
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.
Zuckerberg said the workforce has been "culturally neutured." With anti-DEI rhetoric on the rise, will women feel the impact?
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital expenditures.
Meta Platforms (META) is planning to spend $60B to $65B to build out the company's artificial intelligence infrastructure.
The current market outlook leans bullish, especially over the long-term. Stock Strategist Andrew Rocco breaks it all down in today's commentary.
STOCKSTOWATCHTODAY BLOG Alphabet has an Nvidia -like business inside it. It could be the most valuable part of the internet search giant. Some investors might not know that Alphabet has an AI chip business among its many segments.
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 2024,