Meta Increases AI Spending to $65 Billion in 2025
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Meta, under the leadership of Mark Zuckerberg, has announced a significant increase in its capital expenditure for AI, reaching $65 billion by 2025. This figure surpasses Wall Street's estimates of around $50 billion and is part of a broader strategy to enhance Meta's competitive stance in the AI sector against rivals like OpenAI and Google. Zuckerberg highlighted 2025 as a pivotal year for AI, with plans to develop a massive 2-gigawatt data center, comparable in size to a significant portion of Manhattan, to support its AI infrastructure. Additionally, Meta aims to add 1 gigawatt in computing power by the end of 2025.
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