Meta Will Spend Record $60 Billion On AI This Year, Zuckerberg Says—After Trump Announces Stargate Deal With OpenAI
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Stargate, smargate. We're spending $60B+ on AI this year, Meta's Zuckerberg boasts
Meta Will Spend Up to $65 Billion to Fuel AI Expansion, Mark Zuckerberg Says
New details emerge about Project Stargate as Meta discloses $60B+ AI investment
OpenAI, SoftBank Group Corp. and Oracle Corp. unveiled Project Stargate during a Tuesday press briefing at the White House. The companies intend to build an expansive network of data centers that will be optimized to run AI workloads. OpenAI will be the sole user of the data centers, the Financial Times’ sources said.
Mark Zuckerberg says Meta plans to spend over $60 billion as Silicon Valley panics over Chinese AI competition
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital expenditures.
Meta to spend up to $65 billion this year to power AI goals, Zuckerberg says
As part of the investment, Meta will build a more than 2-gigawatt data center that would be large enough to cover a significant part of Manhattan. "This will be a defining year for AI," Zuckerberg said in a Facebook post.
Datacenter Dynamics2d
OpenAI hires Meta's head of AI compute and storage supply chain
OpenAI has hired Meta's head of AI compute and storage supply chain as part of its infrastructure strategy and leadership team. Keith Heyde joined the generative artificial intelligence startup in November, but the move has not been previously reported.
Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced on Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development in the new year. Meta is
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.
Democratic lawmakers pen letter accusing Meta, OpenAI, Google and more of trying to 'buy favor' with Trump
Meta, Apple, Google and other tech companies have been named in a letter penned by Democratic lawmakers, accusing them of cozying up to President-elect Trump.
OpenAI in focus after launching direct competitor to Amazon-backed Anthropic
OpenAI announced a preview of Operator, an artificial intelligence agent, that will collaborate with a wide range of commerce-driven companies.
Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end
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 AI space.
Meta execs obsessed over beating OpenAI’s GPT-4 internally, court filings reveal
Executives and researchers leading Meta's AI efforts obsessed over beating OpenAI's GPT-4 model while developing Llama 3, according to internal messages
Facebook owner investing up to $65 billion toward AI in 2025
Meta Platforms CEO Mark Zuckerberg announced the social media company plans to spend as much as $65 billion this year alone to build on its artificial intelligence efforts.