Mark Zuckerberg says Meta plans to spend over $60 billion

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 billion to $65 billion in capital expenditures this year
Mark Zuckerberg is building an AI engineer to help with coding tasks at Meta, and ramping up spending to $65 billion
Mark Zuckerberg has announced a new spending plan for Meta that includes building an “AI engineer” to help with coding.
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 expenditures.
Mark Zuckerberg announces $60 billion investment in Meta AI
On Friday, Mark Zuckerberg announced a $60-65 billion investment into Meta AI.
Mark Zuckerberg Plans to Replace Some Coders With AI, Which Might Prove Tricky
Midlevel staff are often the first targets of corporate downsizing efforts, but Meta’s plan to replace an entire tier of people with AI is a new wrinkle on an old story.
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 the AI space.
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."
Zuckerberg Says Meta to Spend Up to $65 Billion on AI in ’25
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.
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 $33 billion of that could go toward GPUs.
Zuckerberg Says Meta To Spend Big In 'Year of AI.' Arista Stock Rises.
Meta stock after Facebook founder Mark Zuckerberg pledged $60 billion and $65 billion in capex this year.
Zuckerberg Joins the Business Roundtable, a Signal of His Political Ambitions
Meta’s chief executive has become a more visible presence in Washington since President Trump’s return to office after years ...
Meta is bringing its Reality Labs division closer to its main business, reversing some of Mark Zuckerberg's huge 2021 reorg
Meta CTO Andrew Bosworth internally announced a reorg of Reality Labs on Monday.
MIT Technology Review3h
Three reasons Meta will struggle with community fact-checking
Earlier this month, Mark Zuckerberg announced that Meta will cut back on its content moderation efforts and eliminate ...
Leaked Zuckerberg Memo Warns Of Meta Layoffs And ‘Intense Year’ Ahead
According to an internal memo, Meta plans to cut 5% of its workforce in February. What's ahead for the parent of Facebook - ...
Bay Area lawyer drops Meta as client over CEO Mark Zuckerberg’s ‘toxic masculinity and Neo-Nazi madness’
I have fired Meta as a client,” Lemley wrote on Bluesky, the platform which has emerged as an alternative to X for ...
TechCentral5h
DeepSeek is a big test for Meta and its embrace of open-source AI
China's DeepSeek is pressure-testing Zuckerberg’s strategy of embracing the open-source approach to AI development.
Meta Will Spend Record $60 Billion On AI This Year, Zuckerberg Says—After Trump Announces Stargate Deal With OpenAI
The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
Meta is reportedly scrambling ‘war rooms’ of engineers to figure out how DeepSeek’s AI is beating everyone else at a fraction of the price
DeepSeek, an AI startup backed by hedge fund High-Flyer Capital Management, this month released a version of its AI chatbot, ...