The cofounder and CEO of Meta doubled down on plans to spend hundreds of billions of dollars on AI infrastructure as China's DeepSeek raises questions about the costs of the AI arm's race.
Midlevel staff are often the first targets of corporate downsizing efforts, but Meta’s plan to replace an entire tier of people with AI is a new wrinkle on an old story.
Key tech stocks were a mixed bag in early trading Thursday after executives at Meta and Microsoft said they plan to keep pouring billions of dollars into AI – despite lingering anxiety over the
Autonomous software engineering agents will take over significant programming tasks, predicts Meta's CEO. And he's counting on Llama to achieve that goal.
Meta’s CEO says its consumer AI offering “is going to be one of the most transformative products that we’ve made.”
Meta Platforms' CEO Mark Zuckerberg provided more color on the company's artificial-intelligence plans and its hopes for the new Trump administration. “This is also going to be a big year for redefining our relationship with governments,
Meta CEO Mark Zuckerberg expects to spend as much as $65 billion on AI in 2025 as part of a “massive effort” to further the company’s AI ambitions. Part of the plan includes a Louisiana data center that Zuckerberg says “is so large it would cover a significant part of Manhattan,” he wrote on Threads today.
Mark Zuckerberg said this year will be a "defining" year for AI, announcing plans to spend over $60-$65 billion in capital expenditures.
Mark Zuckerberg said Wednesday it was too soon to say how advancements by DeepSeek, a Chinese startup, would impact Meta's heavy investments in AI.
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
On Friday, Mark Zuckerberg announced a $60-65 billion investment into Meta AI.