The company intends to use the funds to build a data center “so large that it would cover a significant part of Manhattan,” ...

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 has announced a new spending plan for Meta which includes building an "AI engineer" to help with coding.

Zuckerberg announces the effort as Elon Musk is upgrading his Colossus supercomputer and Sam Altman partners to dump $500 ...

Zuckerberg expects to invest as much as $65 billion to further Meta’s AI ambitions, which includes a data center ‘so large it would cover a significant part of Manhattan.’ ...

As part of the investment, Meta will build a more than 2-gigawatt data center that would be large enough to cover a ...

AWS Matt Garman on working with President Trump, new Luma Ray2 AI model in Amazon Bedrock and $8 billion cloud infrastructure ...

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 ...

While Wall Street expected Meta (META) to boost its spending in 2025, the magnitude of the increase seems to be a surprise. Analysts tracked by FactSet were modeling $51.4 billion in capital ...

Meta CEO Mark Zuckerberg announced on Friday the social media company will nearly double its spending this year as it focuses ...