Meta’s $65 billion ‘AI answer’ to OpenAI, Oracle and other companies’ Stargate project
Meta Platforms will invest up to $65 billion in 2025 to expand its AI infrastructure, significantly increasing from its ...
Meta Is Chasing A New Shiny Object
Meta's $60 billion AI investment risks overspending like Reality Labs, with uncertain returns and revenue challenges. See why ...
My Top 2 Artificial Intelligence (AI) Stocks for 2025 (Hint: Nvidia Is Not One of Them)
Global spending on artificial intelligence (AI) is expected to remain solid in 2025, with market research firm IDC estimating ...
Meta to spend as much as $65 billion on AI efforts in 2025
The company intends to use the funds to build a data center “so large that it would cover a significant part of Manhattan,” ...
New details emerge about Project Stargate as Meta discloses $60B+ AI investment
OpenAI, SoftBank Group Corp. and Oracle Corp. unveiled Project Stargate during a Tuesday press briefing at the White House.
Meta develops artificial intelligence model for direct speech-to-speech translation for up to 101 languages
SEAMLESSM4T outperforms existing state-of-the-art systems and could pave way for rapid universal translation, bypassing ...
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 Stock Gains. Investors Shrug Off Bigger-Than-Expected $65 Billion AI Spending Plan.
Meta stock gained after Mark Zuckerberg pledged to commit between $60 billion and $65 billion this year to capex.