• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Meta Platforms Investments in AI to Reach $65 Billion

user avatar

by Giorgi Kostiuk

5 months ago


Meta Platforms has announced plans to invest up to $65 billion in its AI infrastructure, surpassing Wall Street estimates. These investments aim to strengthen the company's position in the competitive landscape against giants like OpenAI and Google.

Meta's AI Objective

According to Mark Zuckerberg, a 2-gigawatt data center is planned to support AI initiatives. By 2025, the company aims to deploy 1 gigawatt in computing and end the year with over 1.3 billion graphics processing units.

Tech Giants Betting Big on AI

Major tech firms are ramping up their AI investments. Recently, ByteDance announced plans to allocate $20 billion mainly toward AI. Microsoft plans to invest $80 billion in data centers development, while Amazon announced it would spend over $75 billion.

The Future of Meta and AI

Meta expects its AI assistant to serve over a billion people, increasing from 600 million in 2025. The company continues to make significant investments in AI and new technology development.

Meta is making a strategic bet on AI development, potentially reshaping its position in the tech sector. Investments will ensure long-term growth and innovation in AI.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Crypto Overview: BlockDAG's Success, Cardano's Struggles, and Pi Network's Expectations

chest

An analysis of the current status in the crypto market: BlockDAG gains popularity, Cardano faces challenges, and Pi Network aims for a breakthrough.

user avatarGiorgi Kostiuk

XRPL EVM Sidechain: Launch on Mainnet with Ethereum-compatible Smart Contracts

chest

The XRPL EVM sidechain has launched, supporting Ethereum-compatible smart contracts and fast, low-cost transactions.

user avatarGiorgi Kostiuk

Michael Saylor Increases Bitcoin Purchases: 4,980 BTC Acquired for $532 Million

chest

Michael Saylor's company acquired 4,980 Bitcoin for $532 million, raising its total holdings to 597,325 BTC.

user avatarGiorgi Kostiuk

Saylor and Lummis Advocate for Ending Double Taxation for Bitcoin Miners

chest

Michael Saylor and Cynthia Lummis are calling for the end of double taxation on Bitcoin miners to improve profitability and position the U.S. as a crypto leader.

user avatarGiorgi Kostiuk

MAGACOIN FINANCE: The Token That Could Be the Next Hit Among Investors

chest

MAGACOIN FINANCE is gaining popularity among investors, raising over $10 million in a short time.

user avatarGiorgi Kostiuk

Phong Le Sells 8,400 MicroStrategy Shares for Over $3 Million

chest

MicroStrategy's President Phong Le sold 8,400 company shares, raising questions about insider confidence in Bitcoin strategy.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.