CEO Mark Zuckerberg announced that Meta Platforms (META.O) plans to invest as much as $65bn in 2025 to expand its artificial intelligence (AI) infrastructure. This substantial investment aims to bolster Meta’s AI capabilities and strengthen its competitive position against rivals such as OpenAI and Google in the rapidly evolving AI market.
The Meta CEO met with Trump after his win in the 2024 presidential election, according to multiple reports including CBS and the New York Times. And more recently, he named Trump ally and UFC boss Dana White to Meta's board of directors and elevated prominent Republican Joel Kaplan to lead its global affairs operation.
I have fired Meta as a client,” Lemley wrote on Bluesky, the platform which has emerged as an alternative to X for left-leaning internet users
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Zuckerberg announces the effort as Elon Musk is upgrading his Colossus supercomputer and Sam Altman partners to dump $500 billion into 'Project Stargate.'
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UFC CEO Dana White will reportedly receive a lucrative payout for joining Meta’s Board of Directors under the leadership of Mark Zuckerberg.
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. "This will be a defining year for AI," Zuckerberg said in a Facebook post.
"It's one thing to shoot yourself in the foot. Just don't reload the gun." - Lindsey Graham Days after Donald Trump stunned America with his election victory in 2016 over the left's queen bee Hillary Clinton,
Monday’s Forbes Daily covers Trump’s deportation dispute with Colombia, General Motors’ affordable EV play, the latest on DEI from Costco and Target and more.
Meta Platforms plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025, including building a giant new data center and increasing hiring in AI teams, Chief Executive Officer Mark Zuckerberg said Friday.