Jason Miller, senior adviser to the Trump-Vance transition, discusses the push for a dismissal in Trump’s criminal case in New York, the Hunter Biden Pardon and the potential roles certain public figures could play in Trump’s policies.
Facebook and Instagram owner Meta Platforms plans to spend up to $65 billion this year alone to build on the social media company artificial intelligence (AI) Initiatives, CEO Mark Zuckerberg announced Friday.
In a post on FacebookZuckerberg said 2025 “will be a defining year for AI,” saying he expects the company’s “meta-AI will be the primary assistant serving more than a billion people, Llama 4 will become the leading state-of-the-art model, and we will build an AI engineer that will begin contributing increasing amounts of code to our R&D efforts.
Meta CEO Mark Zuckerberg delivers a keynote speech during the annual Meta Connect event at the company’s headquarters in Menlo Park, California on September 25, 2024. (Reuters / Manuel Orbegozo / Reuters)
The founder said Meta is building a massive data center to power it all, with plans to invest between $60 billion and $65 billion in 2025, adding: “And we have the capital to continue investing in the years to come. come”.
Meta’s latest move aims to strengthen the company’s position against rivals Openai and Google in the race to dominate AI.
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Big tech companies have invested tens of billions of dollars to develop AI infrastructure after the success of Openai’s chatppt.
Meta-CEO Mark Zuckerberg announced Friday that the company is boosting its AI investments in 2025. (Jens Büttner / Picture Alliance via Getty Images / Getty Images)
The announcement of the meta comes a few days later President Donald Trump announced that Openai, SoftBank and Oracle will form a company called Stargate and invest $500 billion in AI infrastructure across the United States
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Earlier this month, Microsoft said it planned to invest about $80 billion in fiscal 2025 to expand data centers, while Amazon.com said its 2025 spending would be greater than $75 billion in 2024.
| Teleprinter | Security | Last | Change | Change % |
|---|---|---|---|---|
| Meta | Meta Platforms Inc. | 647.49 | +11.04 |
+ 1.73% |
Meta has become a significant player in the AI ​​race with its AI chatbot, Ray-Ban smart glasses and open source approach, which sets it apart from competitors by allowing consumers and most businesses to use its LLAMA AI models for free .
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The $60 billion to $65 billion capital spending outlined for 2025 would mark a significant jump from the company’s estimated spending of $38 billion to $40 billion for last year. It is also higher than analysts’ estimate of $50.25 billion in 2025, according to LSEG data.
Reuters contributed to this report.
