Zuckerberg said Meta will spend up to 65 billion USD this year to promote AI goals
Meta Platforms plans to spend up to 65 billion USD this year to expand AI infrastructure, CEO Mark Zuckerberg said on Friday, in order to strengthen the company’s position before Openai and Openai rivals. Google In the race to dominate technology.
As part of the investment, Meta will enhance the recruitment of artificial intelligence positions and build a data center of more than 2 Gigawatts, large enough to cover an important part of Manhattan.
The company – one of the most welcomed AI chips from NVIDIA – sets the goal this year with more than 1.3 million graphics processors and plans to bring 1 GW of the power to calculate on duty. route in 2025.
“This will be a decision year for whom,” Zuckerberg said in a Facebook post. “This is a great effort and in the coming years it will promote our business and core products.”
Large technology firms have been investing tens of billions of dollars to develop AI infrastructure after the success of Openai’s chatgpt.
Meta’s announcement came just days after US President Donald Trump announced that Openai, Softbank and Oracle will set up a joint venture called Stargate and invest 500 billion USD in AI infrastructure across the United States. .
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Earlier this month, Microsoft said they were planning to invest about US $ 80 billion in the fiscal year 2025 to develop data centers, while Amazon.com said their spending in 2025 would be higher than the estimate. Calculating 75 billion USD in 2024.
Davidson’s Analyst Gil Luria said: “Zuckerberg is signaling the market that he does not want to rank second in AI race. The time of publication may be affected by Stargate, which creates urgency in sending messages. ”
Meta stocks are traded 1%higher.
The company has emerged as a big player in AI race with AI chatbot, Ray-Ban smart glasses and an open source approach, helping the company become different from competitors by allowing consumers Use and most businesses use their LLAMA AI models for free.
Zuckerberg hopes that the AI assistant of Meta – is available on its services – will serve more than 1 billion people by 2025, up from about 600 million users operating monthly last year.
The capital spending from US $ 60 billion to 65 billion USD was outlined for 2025 to mark a significant leap compared to the estimated spending of the company’s $ 38 billion to US $ 40 billion last year. It is also higher than the estimates of analysts at US $ 50.25 billion by 2025, according to LSEG data.
Meta is expected to report the 4th quarter results on January 29.
