The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.

Meta CEO Mark Zuckerberg expects to spend as much as $65 billion on AI in 2025 as part of a “massive effort” to further the ...

Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital ...

Meta CEO Mark Zuckerberg said the company plans to up its capital expenditures in 2025 as it aims to keep pace with rivals in ...

The Facebook and Instagram boss reveals plans to build a data center that is nearly as big as Manhattan to fuel its AI growth ...

Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark ...

As part of the investment, Meta will build a more than 2-gigawatt data center that would be large enough to cover a ...

"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core ...

Zuckerberg announces the effort as Elon Musk is upgrading his Colossus supercomputer and Sam Altman partners to dump $500 ...

President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial ...

There’s no official ruling on the collective noun for a group of billionaires, but if ever we needed one it was this week, ...