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.”