Meta to spend as much as $65 billion on AI efforts in 2025

Meta to spend as much as  billion on AI efforts in 2025

(Bloomberg) — Meta Platforms Inc. (META) 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.

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The company intends to use the funds to build a data center “so large that it would cover a significant part of Manhattan,” Zuckerberg said in a Facebook post. Meta plans to bring around a…

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https://finance.yahoo.com/news/zuckerberg-warns-higher-expected-capex-141801493.html