Meta To Spend Up To $65 Billion This Year To Power AI Goals

Meta plans to spend between $60 billion and $65 billion this year to build out AI infrastructure, CEO Mark Zuckerberg said on Friday, joining a wave of Big Tech firms unveiling hefty investments to capitalize on the technology. From a report: As part of the investment, Meta will build a more than 2-gigawatt data center that would be large enough to cover a significant part of Manhattan. The company -- one of the largest customers of Nvidia's coveted artificial intelligence chips -- plans to end the year with more than 1.3 million graphics processors.

'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.' Zuckerberg expects Meta's AI assistant -- available across its services, including Facebook and Instagram -- to serve more than 1 billion people in 2025, while its open-source Llama 4 would become the 'leading state-of-the-art model.'

Read more of this story at Slashdot.