Meta plans to invest $60 billion or more in AI this year - Hindustan Times
Meta chief executive Mark Zuckerberg recently announced that the tech giant is set to invest a minimum of $60 billion in artificial intelligence in 2025. This strategic move is aimed at positioning Meta as a frontrunner in the AI landscape.
"This will be a defining year for AI," Zuckerberg shared in a post on his Facebook page. The ambitious goal is for Meta AI to emerge as the leading digital assistant, catering to over a billion users globally. Additionally, the company's Llama 4 is expected to spearhead advancements in AI models.
Driving Innovation
Meta is actively developing an AI "engineer" to facilitate computer coding for its research and development initiatives. Moreover, the company is in the process of constructing a state-of-the-art datacenter to support its AI aspirations. Zuckerberg revealed Meta's plans to allocate between $60 billion and $65 billion in capital expenditures this year towards AI technologies.
"This is a monumental endeavor, and in the forthcoming years, it will fuel our core products and business, enable unprecedented innovation, and bolster America's technological supremacy," remarked Zuckerberg.
Industry Developments
Recent industry announcements have highlighted the increasing focus on AI infrastructure. US President Donald Trump disclosed a significant investment initiative in collaboration with Japanese conglomerate SoftBank and OpenAI, the creators of ChatGPT. The venture, named Stargate, aims to inject a minimum of $500 billion into AI infrastructure within the United States.
However, notable tech figure Elon Musk expressed skepticism regarding the financial capacity of the main investors involved in the project. This divergence of opinion between Musk and Trump underscored differing viewpoints within the tech sphere.
On a separate front, Microsoft president Brad Smith revealed the company's substantial investments in AI infrastructure. Microsoft is on track to allocate approximately $80 billion this fiscal year towards expanding AI datacenters, training AI models, and deploying cloud-based applications globally.
In conclusion, the United States is poised to lead the charge in embracing the AI revolution, particularly through leveraging its strengths and fostering international collaborations, as emphasized by Smith.
