Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth

Zuckerberg sets Meta’s AI targets for the year, expects to spend  billion on growth

Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump’s second Presidential term in Washington, U.S., Jan. 20, 2025. 

Evelyn Hockstein | Reuters

Meta CEO Mark Zuckerberg on Friday announced the company plans to invest around $60 to $65 billion in capital expenditure in 2025 as it continues to build out its artificial intelligence infrastructure.

Zuckerberg said 2025 will be “a defining year for AI” and that Meta is building a large…

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https://www.cnbc.com/2025/01/24/zuckerberg-sets-metas-ai-targets-for-the-year-expects-to-spend-60-billion-on-growth.html