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Blackstone defends $80bn data centre investment as DeepSeek shakes market

  • Meta plans to spend over $60 billion in 2025 on capital expenditures, primarily for data centers, as stated by CEO Mark Zuckerberg.
  • Meta is learning from DeepSeek, a new competitor, but Zuckerberg believes it is too early to determine its impact on chip demand.
  • Meta's Llama 4 aims to be the world's most competitive AI model, according to Zuckerberg, who also noted the goal for Llama 3 was to compete with closed models.
  • Meta will pay approximately $25 million to settle a lawsuit from Donald Trump regarding the suspension of his social media accounts.
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  • 56% of the sources are Center
56% Center
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