Meta CEO Mark Zuckerberg expects to spend as much as $65 billion on AI in 2025 as part of a “massive effort” to further the company’s AI ambitions. Part of the plan includes a Louisiana data center that Zuckerberg says “is so large it would cover a significant part of Manhattan,

Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital expenditures.

Mark Zuckerberg has announced a new spending plan for Meta that includes building an “AI engineer” to help with coding.

Meta Platforms (META) is planning to spend $60B to $65B to build out the company's artificial intelligence infrastructure.

Zuckerberg expects Meta’s AI assistant — available across its services, including Facebook and Instagram — to serve more than 1 billion people in 2025.

Meta CEO Mark Zuckerberg outlines new AI capital expenditure for 2025: $65 billion ready for 1.3 million AI GPU datacenter this year.

Mark Zuckerberg says Meta plans to spend another $60 billion in 2025 as it doubles down on AI. Zuckerberg said the company's data center in Louisiana will be near the size of Manhattan.

Mark Zuckerberg on Friday, said that Meta aims to invest up to $65 billion into its capex needs, according to a Facebook post. Shares were trading higher ahead at US market open.

While Wall Street expected Meta (META) to boost its spending in 2025, the magnitude of the increase seems to be a surprise. Analysts tracked by FactSet were modeling $51.4 billion in capital expenditures. But investors don't seem to mind. Shares of Meta are up 1.5% early in Friday's session.

Meta CEO Mark Zuckerberg said the tech company is building a data center that would "cover a significant part of Manhattan." Meta/Facebook "This will be a defining year for AI," Zuckerberg wrote ...

Meta CEO Mark Zuckerberg announced the company plans to invest around $60 billion to $65 billion in capital expenditures this year