Employee Benefit News January 24, 2025
Meta plans to invest as much as $65 billion on projects related to artificial intelligence in 2025, including building a giant new data center and increasing hiring in AI teams, CEO Mark Zuckerberg said Friday.
The company intends to use the funds to build a data center “so large that it would cover a significant part of Manhattan,” Zuckerberg said in a Facebook post. Meta plans to bring around a gigawatt of computing power online in 2025 and is projected to end the year with more than 1.3 million graphics processing units, he added.
“This is a massive effort, and over the coming years it will drive our core products and business, unlock historic innovation, and extend American technology...
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