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Meta to spend $65bn on AI this year

Mark Zuckerberg said Facebook owner Meta Platforms will invest huge sum in AI capability in 2025

Meta AI Mark Zuckerberg
Mark Zuckerberg said Facebook owner Meta Platforms will invest huge sum in AI capability in 2025

Meta Platforms plans to spend $65bn this year to expand its AI infrastructure, according to CEO Mark Zuckerberg.

The investment aims to bolster the company’s position against rivals OpenAI and Google in the race to dominate the technology, Reuters reported.

As part of the investment, Meta will ramp up hiring for artificial intelligence roles and build a more than 2-gigawatt data centre that would be large enough to cover a significant part of Manhattan.

Meta AI spending

The company, among the top buyers of Nvidia’s, sought-after AI chips — aims to end the year with more than 1.3m graphics processors and plans to bring about 1 GW of computing power online in 2025.

In a Facebook post Zuckerberg said: “This will be a defining year for AI. This is a massive effort, and over the coming years it will drive our core products and business.”

Big technology firms have been investing tens of billions of dollars to develop AI infrastructure after the success of OpenAI’s ChatGPT.

Meta’s announcement comes just days after US President Donald Trump announced that OpenAI, SoftBank and Oracle form a venture called Stargate and invest $500bn in AI infrastructure across the US.

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