Meta to Invest $65 Billion in AI Initiatives, Says Mark Zuckerberg
Meta Platforms Inc. has announced plans to invest up to $65 billion in artificial intelligence (AI) projects in 2025, marking a significant step in its technological ambitions. CEO Mark Zuckerberg revealed the news in a Facebook post, detailing plans to build a new data center and expand its AI workforce.
Zuckerberg stated that the proposed data center would be so vast it could cover a significant portion of Manhattan, with Meta aiming to bring around a gigawatt of computing power online in 2025. The company is projected to end the year with over 1.3 million graphics processing units (GPUs) dedicated to AI tasks.
“This is a massive effort that will drive innovation, enhance our core products, and solidify American technology leadership,” said Zuckerberg.
Meta’s AI investment strategy includes a $10 billion data center in Louisiana and new computer chips to power AI products such as its digital assistant and Ray-Ban smart glasses. The company is also set to significantly expand its AI teams in 2025.
This announcement follows a major $100 billion joint venture by OpenAI, SoftBank, and Oracle, named Stargate, which aims to enhance AI infrastructure across the United States.
While Zuckerberg acknowledged the potential risk of overbuilding AI infrastructure, he emphasized the strategic importance of not falling behind in the AI race. “The downside of being behind is that you’re out of position for the most important technology for the next 10 to 15 years,” he said.
Wall Street had initially estimated Meta’s capital expenditures for 2025 at $51.3 billion. However, the increased budget of $65 billion reflects Meta’s commitment to dominating the AI space. Following this announcement, Meta’s shares rose 1.7%, while Broadcom Inc., a key provider of chip design services for Meta, saw a 3.9% rise in its stock price.
