Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
Meta Platforms plans to spend as much as $65 billion this year to expand its AI infrastructure, CEO Mark Zuckerberg said on Friday, aiming to bolster the company's position against rivals OpenAI and Google in the race to dominate the technology.
The trajectory for most of our long-term initiatives is going to be a lot clearer by the end of this year,' said CEO Mark ...
Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg exuded confidence in his company’s artificial intelligence ...
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Zuckerberg vows Meta will lead despite DeepSeek disruptionMeta's Mark Zuckerberg has moved to encourage optimism after DeepSeek’s AI models sent out multiple shockwaves that rocked ...
It has been a busy week for both Wall Street and Silicon Valley as many tech companies unveil their Q4 2024 earnings reports.
Microsoft alone is projecting $80 billion of infrastructure spend for data centers in 2025; meanwhile, OpenAI, Oracle and ...
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue ...
Meta Platforms stock (META) had ticked up less than 1% after a somewhat delayed release to its Q4 earnings, but it rose 5% as ...
Recently, DeepSeek stated that its models match or surpass its main American rivals at a fraction of the cost, including Meta ...
Zuckerberg announces the effort as Elon Musk is upgrading his Colossus supercomputer and Sam Altman partners to dump $500 ...
Revenue projection for the fourth quarter is $47 billion, or growth of 17%, the average estimate of analysts surveyed by ...
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