The $60 to $65 billion in projected capital expenditures this year is more than double the $27 billion Meta spent in 2023.
Meta, Apple, Google and other tech companies have been named in a letter penned by Democratic lawmakers, accusing them of ...
As part of the investment, Meta will build a more than 2-gigawatt data center that would be large enough to cover a ...
Meta CEO Mark Zuckerberg said the company plans to up its capital expenditures in 2025 as it aims to keep pace with rivals in ...
Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark ...
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital ...
"This will be a defining year for AI," Zuckerberg said in a Facebook post. "Over the coming years, it will drive our core ...
The Facebook and Instagram boss reveals plans to build a data center that is nearly as big as Manhattan to fuel its AI growth ...
Executives and researchers leading Meta's AI efforts obsessed over beating OpenAI's GPT-4 model while developing Llama 3, ...
OpenAI has hired Meta's head of AI compute and storage supply chain as part of its infrastructure strategy and leadership ...
A trove of newly released documents reveals Meta’s plans to use book piracy site LibGen to train its AI models.
Meta CEO Mark Zuckerberg announced on Friday the social media company will nearly double its spending this year as it focuses ...