Meta to invest up to $65 billion in capital expenditure this year

Meta Platforms will invest $60 billion to $65 billion in capital expenditure in 2025, CEO Mark Zuckerberg said in a Facebook post on Friday. The company will build an AI engineer that will start contributing increasing amounts of code to its research and design efforts, Zuckerberg said. Shares of the company were down about 1% in premarket trading.

Published - January 25, 2025 09:33 am IST Copy link Email Facebook Twitter Telegram LinkedIn WhatsApp Reddit Meta to build $10 billion AI data center in Louisiana as Elon Musk expands his Tennessee AI facility Meta knew it used pirated books to train AI, authors say technology (general) / internet / Artificial Intelligence / emerging technologies / science and technology.