Meta to invest up to $65 billion this year to power AI goals, Zuckerberg says
Meta to spend up to $65 bln this year to power AI goals, Zuckerberg says
Meta CEO Mark Zuckerberg Strikes Back After Stargate and Raises AI Spending Guidance
Meta CEO Mark Zuckerberg said his company is planning to invest $60 billion to $65 billion in capital expenditures this year while growing the size of the company’s AI teams “significantly.” Last October,
Mark Zuckerberg wants you to know he has a big AI data center, too
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 company’s AI ambitions. Part of the plan includes a Louisiana data center that Zuckerberg says “is so large it would cover a significant part of Manhattan,
Meta to spend as much as $65 billion on AI in 2025
Meta (META) is turning up the heat on the AI competition. On Friday, CEO Mark Zuckerberg announced that the company plans to pour billions more into its artificial intelligence development efforts, construct a massive new data center,
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Meta Platforms Aims to Invest up to $65 Billion in 2025 Capex in AI Push
Meta Platforms (META) plans to invest $60 billion to $65 billion in capital expenditures in 2025 as the social media giant looks to expand its artificial intelligence infrastructure, Chief Executive Mark Zuckerberg said Friday.
OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure.
Oracle's AI Moonshot: Why Project Stargate Could Propel ORCL Stock Higher
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison's stake also rises.
Zuckerberg to shell out up to $65B for AI data center that can cover 'significant part of Manhattan'
Meta Platforms (META) is planning to spend $60B to $65B to build out the company's artificial intelligence infrastructure.
Alphabet Has an Nvidia-Like Business. It Could Be Worth Hundreds of Billions.
STOCKSTOWATCHTODAY BLOG Alphabet has an Nvidia -like business inside it. It could be the most valuable part of the internet search giant. Some investors might not know that Alphabet has an AI chip business among its many segments.
Nvidia dips despite Meta's massive Manhattan AI data center announcement
CEO Mark Zuckerberg revealed plans to build a massive artificial intelligence data center stacked with GPUs in New York City, but Nvidia (NASDAQ:NVDA), which was the largest GPU supplier for Meta in 2024,
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This Analyst Thinks Nvidia Stock Is Part of the ‘Trump Trade.’ Why That’s Good News for NVDA Fans.
As Donald Trump begins his second presidential term, market participants’ clamor for the “Trump Trade” is growing stronger. Marked by expectations around deregulation, tax cuts, infrastructure spending,
Big Tech earnings are coming, and Trump will be top of mind for investors
In addition to Trump, you can guarantee that virtually every tech company will mention AI revenue and spending. According to Jefferies analyst Brent Thill, Microsoft should report improved AI consumption and continued spending, something investors have been hoping for as the company works to meet customer demand for AI infrastructure.
The three richest Americans sat together at the Trump inauguration. Is that a problem?
The three wealthiest Americans, Elon Musk, Jeff Bezos and Mark Zuckerberg, sat together Monday at the second inauguration of President Donald Trump.