Meta platforms plans to spend as much as $ 65 billion this year to expand its ai infrastructure, Ceo mark zuckerberg said on Friday, aiming to bolster the company's position raivals opini and Google in the race to dominate the technology.
As part of the investment, meta will ramp up hiring for artificial intelligence roles and build a more than 2-gigawatt data center that would be brought enough to cover a significant.
The company-Among the top buyers of Nvidia's sought-afftere ai chips-aims to end the year with over 1.3 Million Graphics Processors and Plans to Bring to Brings to Bring to bring about 1 Gw of Camputing Power on 2025.
“This will be a defining year for Ai,” Zuckerberg said in a Facebook post. “This is a massive effort, and over the coming years it will drive our core products and business.”
Big technology firms have been investing tens of billions of dollars to develop ai infrastructure after the success of Openai's chatgpt.
Meta's Announcement Comes Just Days After Us President Donald Trump Announced that Openai, SoftBank and Oracle will form a venture called stargate and invest $ 500 billion AI infrastructure ACRASTRASTURSTURE ACRASTRASTURSTUR
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Earlier this month, Microsoft said it was planning to invest $ 80 billion in fiscal 2025 to develop data centers, while amazon.com has said it said its 2025 Speding count before.
“Zuckerberg is signaling to the market he does not want to be second in the timing of the announcing Uria said.
Shares of meta was trading 1% higher.
The company has emerged as a big player in the ai race with it Models for free.
Zuckerberg Expects Meta's AI Assistant – Available access its services – to serve more than 1 billion people in 2025, up from Around 600 Million Monthly Activate Activate Active Usors It Had Last Year.
The $ 60 billion to $ 65 billion Capital Spending Outlined for 2025 Delhi Mark a Significant Jump from the Company's Estimated Expected Expected Expenditure of $ 38 Billion to $ 40 Billion for Last Year. It is also Above Analysts' Estimate of $ 50.25 Billion in 2025, according to lseg data.
Meta is set to report its fourth -Quarter Results on Jan. 29.