PYMNTS.com January 24, 2025
Meta plans to invest $60 billion to $65 billion in capital expenditures and grow its artificial intelligence (AI) teams “significantly” this year, CEO Mark Zuckerberg said in a Friday (Jan. 24) post on Facebook.
Saying this will be a “defining year” for AI, Zuckerberg said Meta is building a data center large enough to cover “a significant part of Manhattan,” will bring online 1 gigawatt of compute and will have more than 1.3 million GPUs by the end of 2025.
Zuckerberg said this infrastructure will power the company’s AI efforts that include Meta AI, which he expects will...
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