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Meta to spend up to $65B on massive AI data center
Meta to build 2GW data center with over 1.3 million Nvidia AI GPUs — invest $65B in AI in 2025
Reuters reports that Meta plans to invest between $60 billion and $65 billion in 2025 to enhance its artificial intelligence (AI) and other infrastructure. This marks a significant leap from its estimated $38 billion—$40 billion spending in 2024,
Nvidia dips despite Meta's massive AI data center announcement
Meta Platforms CEO Mark Zuckerberg revealed plans to build a massive artificial intelligence data center, but Nvidia dipped slightly. Read more here.
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into AI.
Meta, AI
Meta to Increase Spending to $65 Billion This Year in A.I. Push
Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing power needed by A.I. products and algorithms.
Meta to spend $65bn on AI this year
Meta Platforms plans to spend $65bn this year to expand its AI infrastructure, according to CEO Mark Zuckerberg. The investment aims to bolster the company’s position against rivals OpenAI and Google in the race to dominate the technology, Reuters reported.
Meta to spend up to $65 billion in 2025 for AI expansion
Industry-wide competition Meta’s announcement follows similar moves by industry rivals. Microsoft has committed $80 billion to data centre development in fiscal 2025, while Amazon plans to spend more than $75 billion, surpassing its 2024 investments.
1d
Nvidia Stock Drops as Meta Unveils Bold AI Ambitions
Nvidia Corp. ( NVDA, Financials) shares fell 1.78% on Friday, closing at $144.60 as of 11:55 am GMT-5. The fall followed a ...
Money Morning
1d
NVIDIA Stock Dips Ahead of Earnings: This Price is Critical for Investors
If the stock is unable to hold that critical $130 price, a new phase of short-term trading patterns will begin, taking NVIDIA ...
1d
Meta to invest up to $65 billion this year to power AI goals, Zuckerberg says
"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core ...
17h
on MSN
Nvidia and Alphabet Are Leading the Quantum Computing AI Race. But Are They a Buy?
Quantum computing stocks have seen quite a run-up in recent months, but determining which companies are leading the charge ...
Network World
1d
Meta wants everyone to know that it, too, is investing a lot in AI
The company plans to spend up to $65 billion on infrastructure for AI in 2025, and is planning a data center with a footprint ...
TweakTown
1h
Chinese AI firm DeepSeek has 50,000 NVIDIA H100 AI GPUs says CEO, even with US restrictions
Chinese AI company DeepSeek says its DeepSeek R1 model is as good, or better than OpenAI's new o1 says CEO: powered by 50,000 ...
10d
on MSN
Will Nvidia Stock Fall Below $100 in 2025? Here's What History Has to Say.
When the curtain closed on 2024, investors were all smiles. The mature stock-driven Dow Jones Industrial Average, benchmark S ...
PCMag on MSN
1d
Zuckerberg Looks to Double Meta's GPU Stock to 1.3 Million for AI Training
Zuckerberg announces the effort as Elon Musk is upgrading his Colossus supercomputer and Sam Altman partners to dump $500 ...
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