Mark Zuckerberg spent all of 2024 telling investors that artificial intelligence will be key to his company Meta’s future. In 2025, he plans to put his money where his mouth is.
On Friday, Mr. Zuckerberg said the company expects its capital spending to be $60 billion to $65 billion in 2025, a big increase from Meta’s estimate of about $38 billion to $40 billion in 2024. is
Much of that money will build and expand data centers, warehouse-sized buildings that provide the computing power that fuels Meta’s AI products and algorithms in apps, including Facebook, Instagram and WhatsApp. App included.
“This is a huge effort, and in the years to come it will advance our core products and business, unlock historic innovation, and extend American technology leadership.” said in a post On his Facebook page.
The company also expects to own more than 1.3 million graphics processing units, or GPUs, by the end of the year, he said. A GPU is a type of computer chip that excels in the type of computing power required for AI systems. As AI-powered apps and products have become more popular in recent years, there has been a shortage of GPUs across the industry, with tech companies large and small alike buying more from companies like NVIDIA. are trying
And despite a number of layoffs and cutbacks to the company’s workforce over the past three years, Mr. Zuckerberg said he has “significantly” expanded the teams responsible for working on AI and related products. What is the intention of getting services?
Meta’s share price rose about 1 percent in early trading on Friday.
Silicon Valley’s tech giants are locked in an infrastructure arms race, as they compete to create the future of artificial intelligence. Google, Microsoft and Amazon have all earmarked billions of dollars for data centers and infrastructure projects, and have signaled no slowdown in spending for the future.
On Tuesday, President Trump announced a joint venture between OpenAI, SoftBank and Oracle called Stargate, which aims to invest at least $100 billion in US data centers. The group behind the project said it could invest more than half a billion dollars in Stargate over the next four years. Elon Musk, who pioneered competitive artificial intelligence, later cast doubt on this figure.
Since Mr Trump was elected in November, Mr Zuckerberg has sought to repair their long strained relationship. Mr. Zuckerberg has traveled to Mr. Trump’s Mar-la-Lago resort several times, donated to and attended his inauguration and loosened speech restrictions on Meta’s apps, an issue that conservatives have criticized. has been determined for years.
Mr Trump has promised to ramp up US-made AI production to compete against China for global leadership in the technology. On Thursday, he signed one Executive order The United States is to “remove barriers” to AI development.
Meta has long signaled its intentions to invest heavily in data centers. The company took a $4.3 billion restructuring charge in 2023 when it decided to redesign many of its future data center projects to prepare for AI projects. It has expanded its data center footprint to dozens of locations around the world, including Odense, Denmark, and Huntsville, Ala.
Mr. Zuckerberg has said he plans to spend heavily on infrastructure to support what he believes will be the future of computing powered by AI chatbots and other programs.
It also includes Llama, Metta’s open-source AI technology that can be freely downloaded by independent software developers to power their own AI apps.
Last year, Meta announced that it would build its newest data center in Richland Parish, LA. The company said the building would span more than 400,000 square feet, an area so large that Mr. Zuckerberg said it would include “a significant portion of Manhattan.”
“Let’s go Blood!” she wrote on her Facebook page, adding a flexing muscle emoji.