Meta is on an AI spending spree. It's only going to get bigger
Oct 31, 2024 · Meta AI, the company’s AI chatbot embedded into its popular social media platforms like Instagram and Facebook, has more than 500 million monthly users.
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Big Tech Presses On With Massive AI Spending Plans For 2025
2 weeks from now
5 hours ago · Big Tech’s massive spending on artificial intelligence is set to continue unchecked in 2025 after Amazon topped its rivals on Thursday with a planned $100bn-plus investment in …
ft.com
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Meta To Spend $60-65B In 2025 On AI Infrastructure • The Register
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Jan 24, 2025 · Meta CEO Mark Zuckerberg revealed plans on Friday to blow through as much as $60 to 65 billion in 2025 on plenty more AI resources for his social media mega-corp – and …
theregister.com
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Meta Spending To Soar On AI, Massive Data Center - MSN
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The spending plan is a roughly $14 billion jump from 2025 analyst projections, according to FactSet. Meta has been ramping up spending on AI over the past few years.
msn.com
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Meta Profits Surge 35% As The AI Spending Spree Continues - Yahoo
2 weeks from now
Oct 30, 2024 · Facebook parent Meta Platforms (META) saw its profits surge 35% in the third quarter, as it looks to show investors that its multi-billion dollar investments into artificial …
yahoo.com
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Meta Is Stepping Up AI Spending - Seeking Alpha
2 weeks from now
Meta's AI expansion includes $60-65B in capex for 2025 and doubling GPU capacity. Read why META stock’s future hinges on the success of their Llama models.
seekingalpha.com
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Tech Companies Had A Record-breaking $44B Spending Spree …
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May 1, 2024 · Big tech is spending big on AI. Last quarter the combined capital expenditure for Amazon, Alphabet, Microsoft, and Meta was a record more than $44 billion, according to …
sherwood.news
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Meta Is On An AI Spending Spree. It's Only Going To Get Bigger
2 weeks from now
Facebook parent Meta Platforms (META-4.50%) has invested billions of dollars into artificial intelligence as it looks to keep pace with its Magnificent 7 competitors. The tech giant warned …
newsbreak.com
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