Meta Platforms plans to invest up to $65 billion by 2025 to advance its AI initiatives. CEO Mark Zuckerberg emphasized that 2025 will be a defining year for AI, with projects like Meta AI serving over 1 billion users and Llama 4 becoming the top AI model. The company also aims to build a massive data center to support these efforts. This move comes amid growing competition from OpenAI, Google, Microsoft, Amazon, and even President Trump’s proposed $500 billion AI infrastructure project. Meta’s significant investment follows its recent focus on AI, including its open-source platform and partnerships with big tech firms like Ray-Ban smart glasses. Analysts predict higher-than-expected spending for 2024, further highlighting the scale of this strategic bet in the AI race.
Source: https://www.foxbusiness.com/technology/facebook-owner-investing-65-billion-ai-2025