Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth
- Meta plans to invest between $60 billion and $80 billion in capital expenditures in 2025, focusing on data centers and AI development teams.
- Meta expects to bring online around one gigawatt of compute this year, enough to power 750,000 homes, and to have over 1.3 million GPUs by year-end.
- Mark Zuckerberg stated that 2025 will be a defining year for AI, as Meta builds a large data center to support its AI offerings.
- Meta shares hit an all-time high during intraday trading following the announcement of these investments.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left13Leaning Right14Center14Last UpdatedBias Distribution34% Center, 34% Right
Bias Distribution
- 34% of the sources are Center, 34% of the sources lean Right
34% Center
L 32%
C 34%
R 34%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
