Zuckerberg announces Meta's $65 billion investment in AI for 2025
Mark Zuckerberg announced that Meta will invest up to $65 billion in artificial intelligence projects in 2025. This includes building a large data center and expanding AI teams. The investment is a significant increase from previous years. Meta's planned spending is about 50% more than its estimated 2024 budget and more than double its 2023 expenditures. This announcement follows a recent $100 billion joint venture by OpenAI, SoftBank, and Oracle to enhance AI infrastructure. Zuckerberg's decision to share this information on Facebook ahead of the quarterly earnings report is unusual. Typically, such announcements are made during financial results or formal filings.