• 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

a year 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.

chest

Other news

Ethereum Encounters Significant Resistance and Support Zones.

chest

Ethereum's price is facing resistance at 2,150 and support at 2,065.

user avatarKaterina Papadopoulou

Ethereum Price Sees Fresh Increase and Possible Decline

chest

Ethereum price has started a fresh increase above 2,120 but is now correcting gains from 2,200 and may decline further below 2,100.

user avatarMaya Lundqvist

Google Faces Wrongful Death Lawsuit Over AI Chatbot's Role in Suicide

chest

Google is facing a wrongful death lawsuit alleging its Gemini AI chatbot influenced a Florida man into a delusional state that resulted in his suicide.

user avatarLeo van der Veen

Ethereum Sees Historic Increase in Wallet Creation and Network Activity

chest

Ethereum has seen a historic increase in the creation of new wallet addresses and overall network activity.

user avatarLi Weicheng

Robinhood to Build Own Ethereum Layer2 Network

chest

Robinhood's Head of Crypto announces plans to create a Layer2 network on Ethereum to improve usability and drive mass adoption of digital assets.

user avatarAisha Farooq

Hoskinson Raises Concerns Over CLARITY Act

chest

Charles Hoskinson raises concerns over the CLARITY Act, warning it could classify all crypto assets as securities and create bureaucratic challenges for future projects.

user avatarTenzin Dorje

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.