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Meta To Spend Up To $65 Billion This Year To Power AI Goals
Meta plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said on Friday, joining a wave of Big Tech firms unveiling hefty investments to capitalize on the technology. From a report: As part of the investment, Meta will build a more than 2-...
Meta plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said on Friday, joining a wave of Big Tech firms unveiling hefty investments to capitalize on the technology. The company -- one of the largest customers of Nvidia's coveted artificial intelligence chips -- plans to end the year with more than 1.3 million graphics processors. Zuckerberg expects Meta's AI assistant -- available across its services, including Facebook and Instagram -- to serve more than 1 billion people in 2025, while its open-source Llama 4 would become the "leading state-of-the-art model."
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