• 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

10 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.

chest

Other news

Institutional Collaborations Boost Confidence in Decentralized Token Folios

chest

The launch of Decentralized Token Folios (DTFs) by Reserve Protocol has seen significant institutional collaboration, including the CoinMarketCap CMC20 index on Binance Smart Chain. This growing institutional confidence is reshaping digital finance by simplifying investment in a diverse range of crypto assets.

user avatarArif Mukhtar

XOCIETY Conducts Successful Global Playtests

chest

XOCIETY conducted several global playtests, rewarding participants with over 8 million XO tokens and gathering valuable feedback to improve game mechanics before Early Access.

user avatarSon Min-ho

CoinMarketCap 20 Index CMC20 Enters Consolidation Phase

chest

The CoinMarketCap 20 Index, known as CMC20, has entered a calm consolidation phase following a significant rise since its launch on November 17, 2023.

user avatarMaria Gutierrez

Solana's Infrastructure Supports APEING's Growth

chest

Solana's high-speed blockchain is the foundation for APEING's potential success.

user avatarDavid Robinson

South Korea Proposes Bill Targeting VASP Shareholders with Criminal Records

chest

South Korea proposes a bill targeting VASP shareholders with criminal records to enhance investor safety and solidify its status as a crypto hub.

user avatarAndrew Smith

Solana Faces Significant Market Downturn Compared to Bitcoin, XRP, and Ethereum

chest

Solana is experiencing a significant market downturn, with nearly 75% of its circulating supply held at a loss, unlike Bitcoin, XRP, and Ethereum which have lower loss percentages.

user avatarJacob Williams

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.