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Meta to Invest Up to $65B in 2025
Meta to spend up to $65B on massive AI data center: ‘Defining year artificial intelligence’
Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said Friday, joining a wave of Big Tech firms unveiling hefty investments to capitalize on the technology.
Mark Zuckerberg wants to spend $60B on building data centers this year
Meta’s capital expenditures for this year are expected to range from $60 billion to $65 billion, the New York Times reported, citing a Facebook post from the company leader. That’s a massive jump from the $38 billion to $40 billion the company spent last year.
Meta to Invest Up to $65B in 2025 Into Data Center, AI
Meta Platforms plans to invest up to $65 billion in capital expenditures in 2025 to expand efforts related to data centers and artificial intelligence. Chief Executive Mark Zuckerberg said the social-media company will build a 2-gigawatt-plus data center and will end the year with more than 1.3 million graphics processing units (GPUs).
5h
First data center for Trump administration's Stargate AI initiative coming to Abilene
Stargate's first data center campus, located in Abilene, will be about 875 acres, but only says it will create at least 57 ...
52m
OpenAI’s $100 Billion Stargate Data Center in Texas Will Reportedly Only Employ 57 People
Despite its massive scale, Stargate intends to employ “at least” 57 full-time employees earning an average wage of just ...
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9h
Mukesh Ambani plans to build world’s largest AI data center
India could soon host the world’s biggest data center by capacity through Reliance Group under billionaire Mukesh Ambani’s ...
2d
OpenAI and Softbank are starting a $500 billion AI data center company
A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, ...
6h
on MSN
Data centers are booming in Texas. What does that mean for the grid?
The rise of artificial intelligence, the digitization of the economy and everyday life’s growing computing needs have turbocharged the expansion of data centers, driving up a surge in electricity ...
7h
Durham firm rides Big Tech's data center wave
That includes Durham’s FlexGen, which is building out its Triangle operation with “elite” hires. The company, which offers ...
11h
on MSN
3 Artificial Intelligence (AI) Stocks That Could Go on a Multidecade Run
Since ChatGPT burst onto the scene in late 2022, the artificial intelligence (AI) revolution has been nothing short of ...
2d
on MSN
Musk clashes with OpenAI CEO Sam Altman over Trump-supported Stargate AI data center project
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by ...
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